Ahep 421 Inc

Analysis

Ahep 421 Inc is a registered charity in United States, based in Miami Shores, FL. It received its IRS tax-exemption ruling in April 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 private non-operating foundation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Ahep 421 Inc reported income of $125k and spending of $155k, spending 124% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income fell from $1.1m to $125k (-88%), an average of -35% a year. The sharpest change came in the year to June 2022, when income rose by 716%. Over the whole period it spent 47% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Ahep 421 Inc sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 46th percentile within FL. Charities of a similar size with the same main cause include Asi Greeley II Inc ($125k), Duqc Housing II NFP Inc ($125k) and Vollintine Evergreen Community Association ($125k).

At year end it held assets of $2.6m against liabilities of $0, net assets of $2.6m.

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.