Ahepa 284 II Inc

Analysis

Ahepa 284 II Inc is a registered charity in United States, based in Columbia, SC. It received its IRS tax-exemption ruling in May 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 (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 284 II Inc reported income of $470k and spending of $412k, spending 88% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $348k to $470k (+35%), an average of +7.8% a year. The sharpest change came in the year to June 2023, when income rose by 27%. Over the whole period it spent 102% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Ahepa 284 II Inc sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 74th percentile within SC. Charities of a similar size with the same main cause include Macon Ridge Community Development Corporation ($470k), Chesapeake RHF Housing Inc ($470k) and McDonald Presbyterian Senior Housing Inc ($469k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 78% of the total. At year end it held assets of $2.0m against liabilities of $123k, net assets of $1.8m.