Ahepa 192-Ii Inc

Analysis

Ahepa 192-Ii Inc is a registered charity in United States, based in Ankeny, IA. It received its IRS tax-exemption ruling in July 1999, 27 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Ahepa 192-Ii Inc reported income of $409k and spending of $410k, spending 100% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $386k to $409k (+6.0%), an average of +2.0% a year. Over the whole period it spent 101% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Ahepa 192-Ii Inc sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 70th percentile within IA. Charities of a similar size with the same main cause include Calvary Tower Housing Inc ($408k), Middle Creek Housing Corporation ($409k) and Family Community Housing Association Inc ($408k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 98% of the total. At year end it held assets of $1.8m against liabilities of $71k, net assets of $1.7m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.