French-American School of Norfolk

Analysis

French-American School of Norfolk is a registered charity in United States, based in Norfolk, VA. It received its IRS tax-exemption ruling in November 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 May 2023, French-American School of Norfolk reported income of $351k and spending of $388k, spending 111% of what it took in. Across the 5 years on record, from May 2019 to May 2023, income grew from $346k to $351k (+1.3%), an average of +0.3% a year. Over the whole period it spent 102% 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 Norfolk sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 64th percentile within VA. Charities of a similar size with the same main cause include Titusville Regional Literacy Council ($351k), Durango Education Foundation ($351k) and Literacy Volunteers of America ($351k).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 49% and program service revenue 51% of the total. Compensation of current officers, directors and key employees was $62k (16% of expenses). Other salaries and wages came to $240k. At year end it held assets of $106k against liabilities of $34k, net assets of $72k. It reported 9 employees.