Ahepa 302 Inc

Analysis

Ahepa 302 Inc is a registered charity in United States, based in San Bernardino, CA. It received its IRS tax-exemption ruling in December 2005, 21 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 302 Inc reported income of $887k and spending of $1.1m, spending 119% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income fell from $906k to $887k (-2.1%), an average of -0.7% a year. Over the whole period it spent 121% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Ahepa 302 Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 79th percentile within CA. Charities of a similar size with the same main cause include Columba Hall Housing Development Fund Corp ($887k), Hotel Hope ($887k) and Athens Area Homeless Shelter Inc ($887k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 99% of the total. At year end it held assets of $7.7m against liabilities of $264k, net assets of $7.4m.

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.