Society of Saint Athanasius Inc the

Analysis

Society of Saint Athanasius Inc the is a registered charity in United States, based in San Jose, CA. It received its IRS tax-exemption ruling in April 1977, 49 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2021, Society of Saint Athanasius Inc the reported income of $1.4m and spending of $1.5m, spending 104% of its income. Across the 3 years on record, from December 2019 to December 2021, income fell from $1.6m to $1.4m (-7.7%), an average of -3.9% a year. The sharpest change came in the year to December 2020, when income dropped by 27%. Over the whole period it spent 113% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Society of Saint Athanasius Inc the sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 84th percentile within CA. Charities of a similar size with the same main cause include Jewish Study Network Inc ($1.4m), Ministerio Internacional Tierra Deseable Inc ($1.4m) and North American Foundation of Islamic Services ($1.4m).

On its Form 990 for the period ending December 2021, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $454k (30% of expenses). Other salaries and wages came to $154k. At year end it held assets of $4.1m against liabilities of $199k, net assets of $3.9m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.