Academy of Hellenic Paideia Inc

Analysis

Academy of Hellenic Paideia Inc is a registered charity in United States, based in Astoria, NY. It received its IRS tax-exemption ruling in March 2015, 11 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Academy of Hellenic Paideia Inc reported income of $913k and spending of $993k, spending 109% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $369k to $913k (+147%), an average of +25% a year. The sharpest change came in the year to December 2020, when income rose by 91%. Over the whole period it spent 94% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Academy of Hellenic Paideia Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 74th percentile within NY. Charities of a similar size with the same main cause include Art of Ely Sium ($912k), Hutchinsons Historic Fox Theatre Inc ($913k) and Indiana Academy of Science ($912k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $176k (18% of expenses). Other salaries and wages came to $448k. At year end it held assets of $540k against liabilities of $150k, net assets of $390k.