Lycee Francais de New York

Analysis

Lycee Francais de New York is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in April 1939, 87 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, Lycee Francais de New York reported income of $61.0m and spending of $56.8m, spending 93% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $58.5m to $61.0m (+4.3%), an average of +1.1% a year. Over the whole period it spent 93% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Lycee Francais de New York 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 99th percentile, and in the 98th percentile within NY. Charities of a similar size with the same main cause include Siena Heights University ($60.9m), Mojave River Academy Schools ($61.0m) and Westminster College ($60.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 6.6% and program service revenue 89% of the total. Compensation of current officers, directors and key employees was $1.4m (2.4% of expenses). Other salaries and wages came to $25.5m. At year end it held assets of $252.9m against liabilities of $94.8m, net assets of $158.1m. It reported 345 employees.