Ahepa 284 Inc

Analysis

Ahepa 284 Inc is a registered charity in United States, based in Columbia, SC. It received its IRS tax-exemption ruling in May 1998, 28 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 284 Inc reported income of $411k and spending of $463k, spending 113% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $388k to $411k (+6.1%), an average of +1.5% a year. Over the whole period it spent 120% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Ahepa 284 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 72nd percentile within SC. Charities of a similar size with the same main cause include Princeton Ministries 4 Inc ($411k), The Development Corporation of Orchard Knob Inc ($412k) and Village to Village Network LLC ($411k).

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 $2.2m against liabilities of $154k, net assets of $2.1m.

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.