Ahepa 296 Inc

Analysis

Ahepa 296 Inc is a registered charity in United States, based in Pensacola, FL. It received its IRS tax-exemption ruling in June 2004, 22 years ago. Its declared purposes cover education, which this site groups under education and training. 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 296 Inc reported income of $441k and spending of $592k, spending 134% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $417k to $441k (+5.8%), an average of +1.9% a year. Over the whole period it spent 127% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Ahepa 296 Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 71st percentile within FL. Charities of a similar size with the same main cause include Pearson College of the Pacific Usfoundation ($441k), The Commons Law Center ($441k) and Magnolia Preschool ($441k).

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 $4.3m against liabilities of $45k, net assets of $4.3m.

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.