College Year in Athens Inc

Analysis

College Year in Athens Inc is a registered charity in United States, based in Cambridge, MA. It received its IRS tax-exemption ruling in July 1998, 28 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, College Year in Athens Inc reported income of $10.4m and spending of $8.8m, spending 84% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $6.5m to $10.4m (+60%), an average of +12% a year. The sharpest change came in the year to June 2022, when income rose by 198%. Over the whole period it spent 82% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, College Year in Athens Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 94th percentile within MA. Charities of a similar size with the same main cause include American Friends of Hebron Yeshiva Jerusalem Inc ($10.4m), Educate Girls ($10.4m) and Grameen Foundation USA ($10.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 16% and program service revenue 81% of the total. Compensation of current officers, directors and key employees was $211k (2.4% of expenses). Other salaries and wages came to $423k. At year end it held assets of $8.9m against liabilities of $636k, net assets of $8.3m. It reported 12 employees.