French-American School of Rhode Island

Analysis

French-American School of Rhode Island is a registered charity in United States, based in Providence, RI. It received its IRS tax-exemption ruling in June 1997, 29 years ago. Its declared purposes cover education, which this site groups under education and training. 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, French-American School of Rhode Island reported income of $3.8m and spending of $3.3m, spending 87% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $3.2m to $3.8m (+19%), an average of +5.9% a year. Over the whole period it spent 86% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, French-American School of Rhode Island sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 87th percentile within RI. Charities of a similar size with the same main cause include Washington State University Alumni Association ($3.8m), San Joaquin a Plus Inc ($3.8m) and The Palm Beach County Literacy Coalition Inc ($3.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 7.3% and program service revenue 92% of the total. Compensation of current officers, directors and key employees was $325k (9.7% of expenses). Other salaries and wages came to $1.7m. At year end it held assets of $7.1m against liabilities of $3.7m, net assets of $3.4m. It reported 43 employees.