Ahepa 110-Iii Inc

Analysis

Ahepa 110-Iii Inc is a registered charity in United States, based in Norwich, CT. It received its IRS tax-exemption ruling in August 2002, 24 years ago. Its declared purposes cover science and technology, which this site groups under arts, culture, heritage and science. 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 110-Iii Inc reported income of $439k and spending of $502k, spending 114% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $379k to $439k (+16%), an average of +3.7% a year. Over the whole period it spent 123% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Ahepa 110-Iii Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 66th percentile within CT. Charities of a similar size with the same main cause include Everystory ($438k), Arts Connect International Inc ($439k) and Dunwoody Preservation TR Inc ($438k).

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 $2.6m against liabilities of $54k, net assets of $2.5m.

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.