Mount Athos Foundation of America Inc

Analysis

Mount Athos Foundation of America Inc is a registered charity in United States, based in Duxbury, MA. It received its IRS tax-exemption ruling in April 2018, 8 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Mount Athos Foundation of America Inc reported income of $198k and spending of $98k, leaving 50% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $262k to $198k (-25%), an average of -25% a year. The sharpest change came in the year to December 2023, when income dropped by 25%. Over the whole period it spent 69% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Mount Athos Foundation of America Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 57th percentile within MA. Charities of a similar size with the same main cause include Asian-American National Committee Inc ($198k), Groove Inc ($198k) and LA Donna Musicale Inc ($198k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% of the total. At year end it held assets of $198k against liabilities of $0, net assets of $198k.