Athenian Eacademy

Analysis

Athenian Eacademy is a registered charity in United States, based in American Fork, UT. It received its IRS tax-exemption ruling in April 2016, 10 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Athenian Eacademy reported income of $5.5m and spending of $5.0m, spending 92% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $4.2m to $5.5m (+31%), an average of +7.1% a year. The sharpest change came in the year to June 2020, when income rose by 22%. Over the whole period it spent 97% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Athenian Eacademy sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 92nd percentile within UT. Charities of a similar size with the same main cause include People Involved in Education Inc ($5.5m), Vmi Alumni Agencies Board Inc ($5.5m) and Westside Christian High School ($5.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% and program service revenue 0.0% of the total. Compensation of current officers, directors and key employees was $153k (3.1% of expenses). Other salaries and wages came to $2.4m. At year end it held assets of $5.6m against liabilities of $5.1m, net assets of $521k. It reported 134 employees.