Le Monde Immersion

Analysis

Le Monde Immersion is a registered charity in United States, based in Portland, OR. It received its IRS tax-exemption ruling in February 2012, 14 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 2024, Le Monde Immersion reported income of $4.3m and spending of $4.4m, spending 102% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $2.5m to $4.3m (+70%), an average of +11% a year. The sharpest change came in the year to June 2021, when income rose by 27%. Over the whole period it spent 103% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Le Monde Immersion 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 92nd percentile within OR. Charities of a similar size with the same main cause include Adams County Christian School Incorporated ($4.3m), Bluefield State University Foundation Inc ($4.3m) and Kansas City Girls Preparatory Academy ($4.3m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 97% and program service revenue 0.3% of the total. Compensation of current officers, directors and key employees was $188k (4.3% of expenses). Other salaries and wages came to $2.0m. At year end it held assets of $5.3m against liabilities of $6.2m, net assets of -$945k. It reported 53 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.