French-American Chamber of Commerce Foundation

Analysis

French-American Chamber of Commerce Foundation is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in March 2012, 14 years ago. Its declared purposes cover education, which this site groups under education and training. 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 December 2023, French-American Chamber of Commerce Foundation reported income of $108k and spending of $161k, spending 150% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $678k to $108k (-84%), an average of -37% a year. The sharpest change came in the year to December 2022, when income rose by 94%. Over the whole period it spent 42% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, French-American Chamber of Commerce Foundation sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 38th percentile within NY. Charities of a similar size with the same main cause include Longbranch Elementary Parent Lighthouse Team ($108k), Riverside Athletic Booster Club Inc ($108k) and Dumas Quarterback Club Inc ($108k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 79% of the total. At year end it held assets of $1.1m against liabilities of $16k, net assets of $1.1m.