Athena of the Triangle

Analysis

Athena of the Triangle is a registered charity in United States, based in Fuquay Varina, NC. It received its IRS tax-exemption ruling in December 2016, 10 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Athena of the Triangle reported income of $130k and spending of $113k, spending 86% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $57k to $130k (+127%), an average of +127% a year. The sharpest change came in the year to December 2023, when income rose by 127%. Over the whole period it spent 104% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Athena of the Triangle sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 42nd percentile within NC. Charities of a similar size with the same main cause include Exchange Club of Sugar Land- Charitable Fund ($130k), Chicago New Business NFP ($130k) and Hilltop Campus Village Inc ($130k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 78% and program service revenue 21% of the total. At year end it held assets of $89k against liabilities of $2,120, net assets of $87k.