Ahepa 501 Inc

Analysis

Ahepa 501 Inc is a registered charity in United States, based in Albuquerque, NM. It received its IRS tax-exemption ruling in August 1996, 30 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 501 Inc reported income of $472k and spending of $427k, spending 91% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $445k to $472k (+6.1%), an average of +2.0% a year. Over the whole period it spent 85% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Ahepa 501 Inc sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 67th percentile within NM. Charities of a similar size with the same main cause include West Jordan Senior Housing Corporation ($472k), Family Promise of Knoxville ($472k) and Ahepa Dop 60 Inc ($471k).

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 $2.0m against liabilities of $62k, net assets of $1.9m.