Hellenic Society Paideia Inc

Analysis

Hellenic Society Paideia Inc is a registered charity in United States, based in Storrs, CT. It received its IRS tax-exemption ruling in May 1993, 33 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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, Hellenic Society Paideia Inc reported income of $536k and spending of $379k, leaving 29% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $983k to $536k (-46%), an average of -14% a year. The sharpest change came in the year to December 2021, when income rose by 90%. Over the whole period it spent 48% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Hellenic Society Paideia Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 69th percentile within CT. Charities of a similar size with the same main cause include Land of Lincoln Honor Flight ($536k), Lifeline Foundation ($536k) and Afcea Educational Foundation ($536k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 33% and program service revenue 51% of the total. At year end it held assets of $5.1m against liabilities of $625k, net assets of $4.4m.