Athens Woods Estate Inc

Analysis

Athens Woods Estate Inc is a registered charity in United States, based in Stratford, IA. It received its IRS tax-exemption ruling in December 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 (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, Athens Woods Estate Inc reported income of $57k and spending of $83k, spending 145% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $25k to $57k (+134%), an average of +24% a year. The sharpest change came in the year to December 2022, when income rose by 62%. Over the whole period it spent 203% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Athens Woods Estate Inc sits at the 13th percentile: it is larger than about 13% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 20th percentile within IA. Charities of a similar size with the same main cause include Passavant Memorial Homes V ($57k), Silverado Creek Housing Inc ($57k) and Somerville Community Land Trust ($57k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 45% of the total. At year end it held assets of $822k against liabilities of $794k, net assets of $28k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.