American Community School at Beirut -Lebanon

Analysis

American Community School at Beirut -Lebanon is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in November 1962, 64 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, American Community School at Beirut -Lebanon reported income of $8.3m and spending of $10.7m, spending 128% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $24.7m to $8.3m (-66%), an average of -24% a year. The sharpest change came in the year to June 2023, when income rose by 79%. Over the whole period it spent 99% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, American Community School at Beirut -Lebanon sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 92nd percentile within NY. Charities of a similar size with the same main cause include Insead North America Inc ($8.3m), A M G International ($8.4m) and Friends of Israel Disabled Veterans Inc Beit Halochem ($8.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 15% and program service revenue 82% of the total. Compensation of current officers, directors and key employees was $504k (4.7% of expenses). Other salaries and wages came to $4.2m. At year end it held assets of $25.2m against liabilities of $6.5m, net assets of $18.6m. It reported 28 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.