French Businessmens Assoc Inc

Analysis

French Businessmens Assoc Inc is a registered charity in United States, based in Bristol, CT. It received its IRS tax-exemption ruling in April 1994, 32 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, French Businessmens Assoc Inc reported income of $68k and spending of $65k, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $63k to $68k (+7.6%), an average of +1.8% a year. The sharpest change came in the year to December 2021, when income rose by 503%. Over the whole period it spent 87% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, French Businessmens Assoc Inc sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 25th percentile within CT. Charities of a similar size with the same main cause include Little League Baseball Inc ($68k), PTA California Congress of Parents Teachers & Students Inc ($68k) and Arc of Wilson County Inc ($68k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. It paid $43k in professional fundraising fees. At year end it held assets of $324k against liabilities of $0, net assets of $324k.