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French Heritage Society Inc

RegisteredEIN 13-3100091New York, NYOverseas aid and international
Income$2.0m2023-12
Spending$1.4msame year
Spent / received90%5-year average
Size in its cause87th pctOverseas aid and international
Exempt since1982Publicly supported organisat
Employees4latest return

Analysis

French Heritage Society Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in April 1982, 44 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 Heritage Society Inc reported income of $2.0m and spending of $1.4m, leaving 28% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $4.1m to $2.0m (-53%), an average of -17% a year. The sharpest change came in the year to December 2020, when income dropped by 61%. Over the whole period it spent 90% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, French Heritage Society Inc 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 86th percentile, and in the 82nd percentile within NY. Charities of a similar size with the same main cause include Girl Determined ($1.9m), Allies in Youth Development ($2.0m) and Dominican Republic Education and Mentoring Project Inc ($1.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 72% and program service revenue 0.4% of the total. Compensation of current officers, directors and key employees was $254k (18% of expenses). Other salaries and wages came to $370k. At year end it held assets of $2.5m against liabilities of $379k, net assets of $2.1m. It reported 4 employees.

Income and spending

$0$1.0m$2.1m$3.1m$4.1m2019 Income: $4,128,8452019 Spending: $1,802,98920192020 Income: $1,604,1352020 Spending: $1,346,11920202021 Income: $2,062,6752021 Spending: $1,598,06720212022 Income: $1,520,1922022 Spending: $4,009,52320222023 Income: $1,950,3712023 Spending: $1,402,0132023
IncomeSpending

Where the income comes from

  • Contributions & grants 72%
  • Program services 0.4%
  • Other 27%

Similar-sized charities, same cause

CharityLocationIncome
Girl DeterminedWaynesboro$1.9m
Allies in Youth DevelopmentMansfield$2.0m
Dominican Republic Education and Mentoring Project IncMilton$1.9m
Marshall Legacy InstituteArlington$2.0m