French-American School of Chicago

Analysis

French-American School of Chicago is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in October 1980, 46 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, French-American School of Chicago reported income of $585k and spending of $560k, spending 96% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $564k to $585k (+3.7%), an average of +0.9% a year. The sharpest change came in the year to June 2021, when income dropped by 16%. Over the whole period it spent 95% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, French-American School of Chicago sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 72nd percentile within IL. Charities of a similar size with the same main cause include James B Lee Jr Scholarship and Relief Fund in Honor of Joseph ($584k), Marin School of the Arts Foundation ($585k) and Panorama Baptist School ($584k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.2% and program service revenue 100% of the total. Other salaries and wages came to $423k. At year end it held assets of $677k against liabilities of $129k, net assets of $547k. It reported 7 employees.