Athenian School

Analysis

Athenian School is a registered charity in United States, based in Danville, CA. It received its IRS tax-exemption ruling in September 1964, 62 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 2024, Athenian School reported income of $33.2m and spending of $34.6m, spending 104% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $25.3m to $33.2m (+31%), an average of +5.6% a year. Over the whole period it spent 102% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Athenian School sits at the 99th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within CA. Charities of a similar size with the same main cause include Archdiocese of Los Angeles Funeral and Mortuary Services Corporation ($33.2m), Greater Boston Legal Services Inc ($33.2m) and Washington State Child Care Resource & Referral Network ($33.2m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 4.2% and program service revenue 92% of the total. Compensation of current officers, directors and key employees was $1.5m (4.2% of expenses). Other salaries and wages came to $13.2m. At year end it held assets of $76.6m against liabilities of $39.6m, net assets of $37.0m. It reported 292 employees.

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.