Athena Inc

Analysis

Athena Inc is a registered charity in United States, based in Bayamon, PR. It received its IRS tax-exemption ruling in May 2021, 5 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 September 2023, Athena Inc reported income of $793k and spending of $830k, spending 105% of its income. Across the 3 years on record, from September 2021 to September 2023, income grew from $676k to $793k (+17%), an average of +8.3% a year. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Athena Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 66th percentile within PR. Charities of a similar size with the same main cause include New York Library Association ($793k), Waco Plumbers & Pipefitters Apprenticeship School ($793k) and Dental Trade Alliance Foundation ($792k).

On its Form 990 for the period ending September 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $132k (16% of expenses). Other salaries and wages came to $322k. At year end it held assets of $120k against liabilities of $17k, net assets of $104k. It reported 33 employees.