Ahepa 310-Ix Inc

Analysis

Ahepa 310-Ix Inc is a registered charity in United States, based in Theodore, AL. It received its IRS tax-exemption ruling in October 2002, 24 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Ahepa 310-Ix Inc reported income of $429k and spending of $506k, spending 118% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $391k to $429k (+9.7%), an average of +3.1% a year. Over the whole period it spent 118% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Ahepa 310-Ix Inc sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 70th percentile within AL. Charities of a similar size with the same main cause include 1347 Morris Ave Corporation ($429k), St Johns Commons Inc ($429k) and Shell Knob Senior Center Corporation ($429k).

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 $61k, net assets of $1.8m.

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.