Athena Akron Inc

Analysis

Athena Akron Inc is a registered charity in United States, based in Akron, OH. It received its IRS tax-exemption ruling in June 2015, 11 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Athena Akron Inc reported income of $94k and spending of $114k, spending 121% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $67k to $94k (+41%), an average of +41% a year. The sharpest change came in the year to December 2023, when income rose by 41%. Over the whole period it spent 114% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Athena Akron Inc sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 36th percentile within OH. Charities of a similar size with the same main cause include C Inc ($94k), Navy League of the United States National Headquarters ($94k) and Drive Fore the Troops Inc ($94k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 29% and program service revenue 46% of the total. At year end it held assets of $11k against liabilities of $11k, net assets of -$18.