Westfield Athenaeum

Analysis

Westfield Athenaeum is a registered charity in United States, based in Westfield, MA. It received its IRS tax-exemption ruling in September 1953, 73 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2023, Westfield Athenaeum reported income of $2.0m and spending of $1.5m, leaving 26% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.6m to $2.0m (+26%), an average of +6.0% a year. The sharpest change came in the year to June 2023, when income rose by 22%. Over the whole period it spent 84% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Westfield Athenaeum sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 85th percentile within MA. Charities of a similar size with the same main cause include Habib University Foundation US ($2.0m), Westmont School Inc ($2.0m) and Momentum Community ($2.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 79% of the total. Other salaries and wages came to $929k. At year end it held assets of $8.5m against liabilities of $41k, net assets of $8.5m. It reported 33 employees.