Ahepa 310-Vii Inc

Analysis

Ahepa 310-Vii Inc is a registered charity in United States, based in Mobile, AL. It received its IRS tax-exemption ruling in June 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 (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-Vii Inc reported income of $542k and spending of $564k, spending 104% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $498k to $542k (+8.9%), an average of +2.9% 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-Vii Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 74th percentile within AL. Charities of a similar size with the same main cause include Lao Park Housing Corporation ($542k), McKinney RHF Housing Inc ($542k) and Jenks Mill Housing Corp ($542k).

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 $2.3m against liabilities of $48k, net assets of $2.2m.