Aknp

Analysis

Aknp is a registered charity in United States, based in Mansfield, TX. It received its IRS tax-exemption ruling in July 2020, 6 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Aknp reported income of $411k and spending of $141k, leaving 66% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income grew from $87k to $411k (+370%), an average of +68% a year. The sharpest change came in the year to December 2023, when income rose by 251%. Over the whole period it spent 48% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Aknp sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 72nd percentile within TX. Charities of a similar size with the same main cause include Carver Apartment Inc ($411k), Fox Street Housing Development Fund Corporation ($411k) and Cypress West Housing Development Fund Corporation ($411k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 79% and program service revenue 21% of the total. At year end it held assets of $1.2m against liabilities of $208k, net assets of $944k.