Athenian Academy Inc

Analysis

Athenian Academy Inc is a registered charity in United States, based in Clearwater, FL. It received its IRS tax-exemption ruling in October 1999, 27 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 Academy Inc reported income of $8.7m and spending of $8.8m, spending 101% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $4.3m to $8.7m (+103%), an average of +19% a year. The sharpest change came in the year to June 2021, when income rose by 25%. Over the whole period it spent 103% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Athenian Academy Inc sits at the 93rd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 95th percentile within FL. Charities of a similar size with the same main cause include Omaha Discovery TR ($8.7m), Uw-Stout Foundation and Alumni Association Inc ($8.7m) and Lexington Montessori School Inc ($8.7m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 91% of the total. At year end it held assets of $28.8m against liabilities of $29.0m, net assets of -$131k.