French River Education Center Inc

Analysis

French River Education Center Inc is a registered charity in United States, based in North Oxford, MA. It received its IRS tax-exemption ruling in April 1987, 39 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2023, French River Education Center Inc reported income of $4.5m and spending of $3.6m, leaving 21% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $2.6m to $4.5m (+71%), an average of +20% a year. The sharpest change came in the year to June 2021, when income rose by 76%. 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, French River Education Center Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 90th percentile within MA. Charities of a similar size with the same main cause include West Side Christian School ($4.5m), Gentry Academy ($4.5m) and Morristown and Morris Township Library Foundation ($4.5m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 75% of the total. Compensation of current officers, directors and key employees was $164k (4.6% of expenses). Other salaries and wages came to $2.5m. At year end it held assets of $5.4m against liabilities of $80k, net assets of $5.3m. It reported 86 employees.