Thessalonica Agricultural & Industrial Institute is a 501(c)(3) organization based in New York, New York, registered in 1953, with $15,468,993 in FY2023 revenue. CharityIndex grades it B.
Revenue (FY2023)
$15.5M
▲ 33.0% vs prior year
International median: $227K
Expenses (FY2023)
$14.4M
Net assets
$65.2M
Employees
—
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Thessalonica Agricultural & Industrial Institute— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Thessalonica Agricultural & Industrial Institute: 54 mo reserves · +7% margin earns a A on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Thessalonica Agricultural & Industrial Institute— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Thessalonica Agricultural & Industrial Institute: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue declined from $18.8M (FY2017) to $15.5M (FY2023) across 7 reported years.
Financial snapshot
Operating margin
6.6%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$88.3M
Total liabilities
$23.1M
Net assets
$65.2M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $15,468,993▲33.0% | $14,445,877▼4.6% | $65,211,360▲5.9% | $88,265,315▲6.9% | 990 |
| 2022 | $11,631,558▼34.3% | $15,142,117▲3.1% | $61,549,326▲3.3% | $82,535,700▲3.5% | 990 |
| 2021 | $17,701,076▲52.5% | $14,688,565▲2.6% | $59,610,638▼14.4% | $79,768,133▼12.0% | 990 |
| 2020 | $11,606,738▼24.1% | $14,312,123▲8.8% | $69,609,054▲9.3% | $90,609,236▲10.7% | 990 |
| 2019 | $15,283,130▲13.1% | $13,153,860▼9.9% | $63,707,099▲4.6% | $81,872,412▲6.9% | 990 |
| 2018 | $13,512,838▼28.1% | $14,599,740▲1.0% | $60,932,302▲0.6% | $76,598,860▲3.8% | 990 |
| 2017 | $18,784,382 | $14,457,389 | $60,583,571 | $73,767,807 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
36 grants to Thessalonica Agricultural & Industrial Institute totaling $2.4M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| The New York Community Trust | For a scholarship award. | 2024 | $79,000 |
| Greater Horizons | International & foreign affairs | 2024 | $46,885 |
| National Philanthropic Tr | Education | 2023 | $106,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2023 | $22,450 |
| Minneapolis Foundation | Donor-advised, education | 2023 | $22,000 |
| Gs Donor Advised Philanthropy Fund For Wealth Management Inc | Education | 2023 | $11,000 |
| Vanguard Charitable Endowment Program | For recipient's exempt purpose | 2023 | $5,500 |
| National Philanthropic Tr | International | 2022 | $959,760 |
| Vanguard Charitable Endowment Program | For recipient's exempt purpose | 2022 | $25,000 |
| Minneapolis Foundation | Donor-recommended, international relations, agriculture, fishing & forestry | 2022 | $20,000 |
| National Philanthropic Tr | International | 2021 | $156,000 |
| Minneapolis Foundation | International relations | 2021 | $25,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2021 | $8,600 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2021 | $8,600 |
| National Philanthropic Tr | International | 2020 | $111,000 |
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Data for Thessalonica Agricultural & Industrial Institute (EIN 13-1624206) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.