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French Institute of Michigan

RegisteredEIN 38-2309171Bingham Farms, MIOverseas aid and international
Income$322k2024-06
Spending$259ksame year
Spent / received87%6-year average
Size in its cause62nd pctOverseas aid and international
Exempt since1981Publicly supported organisat
Employees19latest return

Analysis

French Institute of Michigan is a registered charity in United States, based in Bingham Farms, MI. It received its IRS tax-exemption ruling in November 1981, 45 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 June 2024, French Institute of Michigan reported income of $322k and spending of $259k, spending 81% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $211k to $322k (+53%), an average of +8.8% a year. The sharpest change came in the year to June 2023, when income rose by 26%. Over the whole period it spent 87% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, French Institute of Michigan sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 63rd percentile within MI. Charities of a similar size with the same main cause include Utah Friends of Amar International Charitable Foundation ($322k), East African Childrens Fund ($322k) and Behumankindness ($322k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 6.6% and program service revenue 91% of the total. Compensation of current officers, directors and key employees was $39k (15% of expenses). Other salaries and wages came to $109k. At year end it held assets of $307k against liabilities of $0, net assets of $307k. It reported 19 employees.

Income and spending

$0$81k$161k$242k$322k2019 Income: $211,1992019 Spending: $179,57120192020 Income: $218,5102020 Spending: $189,20620202021 Income: $219,3982021 Spending: $194,13420212022 Income: $222,5112022 Spending: $198,69520222023 Income: $280,2132023 Spending: $257,29420232024 Income: $322,0992024 Spending: $259,3092024
IncomeSpending

Where the income comes from

  • Contributions & grants 6.6%
  • Program services 91%
  • Other 2.3%

Similar-sized charities, same cause

CharityLocationIncome
Utah Friends of Amar International Charitable FoundationSandy$322k
East African Childrens FundSt CLR Shores$322k
BehumankindnessFort Worth$322k
Chasdei AvosFlushing$323k