College Year in Athens Inc

Analysis

College Year in Athens Inc is a registered charity in United States, based in Cambridge, MA. It received its IRS tax-exemption ruling in July 1998, 28 years ago. 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, College Year in Athens Inc reported income of $1.6m and spending of $1.1m, leaving 30% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $187k to $1.6m (+748%), an average of +71% a year. The sharpest change came in the year to June 2023, when income rose by 1283%. Over the whole period it spent 76% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, College Year in Athens Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 83rd percentile within MA. Charities of a similar size with the same main cause include Child Health Investment Partnership ($1.6m), Upward Transitions Inc ($1.6m) and St Stephen Housing Association ($1.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 97% and program service revenue 1.6% of the total. Other salaries and wages came to $54k. At year end it held assets of $618k against liabilities of $26k, net assets of $592k. It reported 10 employees.