Ahepa 310-Iii Inc

Analysis

Ahepa 310-Iii Inc is a registered charity in United States, based in Mobile, AL. It received its IRS tax-exemption ruling in March 1988, 38 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-Iii Inc reported income of $595k and spending of $518k, spending 87% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $569k to $595k (+4.5%), an average of +1.5% a year. Over the whole period it spent 100% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Ahepa 310-Iii Inc sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 76th percentile within AL. Charities of a similar size with the same main cause include Twin Pines Apartments Inc ($594k), Retiree Housing of Atlanta Inc ($595k) and C E Ware Towers Incorporated ($594k).

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 $1.1m against liabilities of $1.6m, net assets of -$524k.