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Lycee International de Boston International School of Boston Inc

RegisteredEIN 04-2385120Cambridge, MAEducation and training
Income$24.1m2023-06
Spending$22.0msame year
Spent / received96%5-year average
Size in its cause97th pctEducation and training
Exempt since1966Publicly supported organisat
Employees201latest return

Analysis

Lycee International de Boston International School of Boston Inc is a registered charity in United States, based in Cambridge, MA. It received its IRS tax-exemption ruling in August 1966, 60 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Lycee International de Boston International School of Boston Inc reported income of $24.1m and spending of $22.0m, spending 91% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $19.2m to $24.1m (+26%), an average of +5.9% a year. The sharpest change came in the year to June 2023, when income rose by 22%. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Lycee International de Boston International School of Boston Inc sits at the 97th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within MA. Charities of a similar size with the same main cause include Mounds Park Academy ($24.1m), Cascade Christian Schools ($24.1m) and Walnut Hill Center for the Arts Inc ($24.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 9.5% and program service revenue 90% of the total. Compensation of current officers, directors and key employees was $698k (3.2% of expenses). Other salaries and wages came to $11.0m. At year end it held assets of $44.8m against liabilities of $32.5m, net assets of $12.3m. It reported 201 employees.

Income and spending

$0$6.0m$12.0m$18.1m$24.1m2019 Income: $19,155,1042019 Spending: $18,654,76120192020 Income: $18,498,2612020 Spending: $18,454,50720202021 Income: $19,857,9182021 Spending: $18,815,05420212022 Income: $19,782,5272022 Spending: $19,228,48020222023 Income: $24,069,5772023 Spending: $21,988,4602023
IncomeSpending

Where the income comes from

  • Contributions & grants 9.5%
  • Program services 90%
  • Other 0.1%

Similar-sized charities, same cause

CharityLocationIncome
Mounds Park AcademySaint Paul$24.1m
Cascade Christian SchoolsPuyallup$24.1m
Walnut Hill Center for the Arts IncNatick$24.0m
College Preparatory SchoolOakland$24.1m