French American Foundation for the Devel of Relations BTWN FRNC & US

Analysis

French American Foundation for the Devel of Relations BTWN FRNC & US is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in December 1975, 51 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 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 December 2023, French American Foundation for the Devel of Relations BTWN FRNC & US reported income of $1.3m and spending of $1.2m, spending 88% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.2m to $1.3m (+16%), an average of +3.7% a year. The sharpest change came in the year to December 2021, when income rose by 86%. Over the whole period it spent 111% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, French American Foundation for the Devel of Relations BTWN FRNC & US sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 79th percentile within NY. Charities of a similar size with the same main cause include Northwest Student Exchange ($1.3m), Hospital de LA Familia Foundation ($1.3m) and Academy for Creating Enterprise ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 28% of the total. Compensation of current officers, directors and key employees was $235k (20% of expenses). Other salaries and wages came to $278k. At year end it held assets of $4.1m against liabilities of $510k, net assets of $3.6m. It reported 6 employees.