Aegean Conferences Inc

Analysis

Aegean Conferences Inc is a registered charity in United States, based in Narberth, PA. It received its IRS tax-exemption ruling in October 2009, 17 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 December 2023, Aegean Conferences Inc reported income of $1.5m and spending of $1.4m, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.6m to $1.5m (-5.1%), an average of -1.3% a year. The sharpest change came in the year to December 2022, when income rose by 241%. Over the whole period it spent 99% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Aegean Conferences Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 82nd percentile within PA. Charities of a similar size with the same main cause include Saint Clement Coptic Orthodox Academy ($1.5m), Alternative Educational Academy of Ogemaw County ($1.5m) and Islamic Acedamy of Delaware ($1.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 14% and program service revenue 83% of the total. At year end it held assets of $425k against liabilities of $0, net assets of $425k.