The American University of Greece Foundation

Analysis

The American University of Greece Foundation is a registered charity in United States, based in Boston, MA. It received its IRS tax-exemption ruling in November 1995, 31 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, The American University of Greece Foundation reported income of $4.5m and spending of $3.7m, spending 82% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $12.1m to $4.5m (-62%), an average of -22% a year. The sharpest change came in the year to June 2021, when income rose by 913%. Over the whole period it spent 34% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, The American University of Greece Foundation sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 90th percentile within MA. Charities of a similar size with the same main cause include Racine Community Foundation Inc ($4.5m), Siouxland Community Foundation ($4.5m) and Jewish Federation of San Antonio ($4.5m).

Compensation of current officers, directors and key employees was $790k (21% of expenses). Other salaries and wages came to $816k. At year end it held assets of $259.2m against liabilities of $974k, net assets of $258.3m. It reported 12 employees.