Lycee Francais de Chicago Inc

Analysis

Lycee Francais de Chicago Inc is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in June 1995, 31 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, Lycee Francais de Chicago Inc reported income of $21.9m and spending of $20.3m, spending 93% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $19.2m to $21.9m (+14%), an average of +3.4% a year. The sharpest change came in the year to June 2020, when income rose by 16%. Over the whole period it spent 90% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Lycee Francais de Chicago Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within IL. Charities of a similar size with the same main cause include Gibault Inc ($21.9m), Robotics Education and Competition Foundation Inc ($21.9m) and Cardigan Mountain School ($21.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 9.4% and program service revenue 88% of the total. Compensation of current officers, directors and key employees was $576k (2.8% of expenses). Other salaries and wages came to $11.1m. At year end it held assets of $50.7m against liabilities of $28.9m, net assets of $21.8m. It reported 278 employees.