Ahepa 501-11 Inc

Analysis

Ahepa 501-11 Inc is a registered charity in United States, based in Albuquerque, NM. It received its IRS tax-exemption ruling in June 1999, 27 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 501-11 Inc reported income of $510k and spending of $501k, spending 98% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $490k to $510k (+4.1%), an average of +1.4% a year. Over the whole period it spent 92% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Ahepa 501-11 Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 69th percentile within NM. Charities of a similar size with the same main cause include Ahepa 39 Inc ($510k), Harlem Restoration Housing Development Fund Corporation ($510k) and Wildwood Manor ($510k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 97% of the total. At year end it held assets of $2.5m against liabilities of $63k, net assets of $2.4m.