Ahi Capital Gateway Inc

Analysis

Ahi Capital Gateway Inc is a registered charity in United States, based in Boston, MA. It received its IRS tax-exemption ruling in April 2014, 12 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, Ahi Capital Gateway Inc reported income of $973k and spending of $80k, leaving 92% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $49 to $973k (+1985704%), an average of +1087% a year. The sharpest change came in the year to June 2020, when income dropped by 78135%. Over the whole period it spent 15% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Ahi Capital Gateway Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 78th percentile within MA. Charities of a similar size with the same main cause include Open Arms Assisted Living ($973k), Arbor Vista Inc ($974k) and Broadway Recovery Services ($972k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $1.9m against liabilities of $15k, net assets of $1.9m.