Athens Tech Foundation Inc

Analysis

Athens Tech Foundation Inc is a registered charity in United States, based in Athens, GA. It received its IRS tax-exemption ruling in January 1989, 37 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, Athens Tech Foundation Inc reported income of $413k and spending of $564k, spending 137% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $278k to $413k (+48%), an average of +10% a year. The sharpest change came in the year to December 2021, when income rose by 46%. Over the whole period it spent 106% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Athens Tech Foundation Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 71st percentile within GA. Charities of a similar size with the same main cause include Parents and Teachers Association Inc ($413k), San Bruno Education Foundation ($413k) and American Mock Trial Association ($413k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 69% and program service revenue 6.2% of the total. Other salaries and wages came to $171k. At year end it held assets of $2.0m against liabilities of $54k, net assets of $1.9m.