Franco-American Benevolent Society Inc

Analysis

Franco-American Benevolent Society Inc is a registered charity in United States, based in Lafayette, LA. It received its IRS tax-exemption ruling in September 2015, 11 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 private non-operating foundation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2021, Franco-American Benevolent Society Inc reported income of $384k and spending of $254k, leaving 34% of income unspent that year. Across the 4 years on record, from December 2018 to December 2021, income grew from $126k to $384k (+205%), an average of +45% a year. The sharpest change came in the year to December 2021, when income rose by 236%. Over the whole period it spent 44% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Franco-American Benevolent Society Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 65th percentile within LA. Charities of a similar size with the same main cause include Womens Federation for World Peace Inc ($384k), Outreach for World Hope Inc ($384k) and Rainbow of Magnolia Fountains of Life ($383k).

At year end it held assets of $3.0m against liabilities of $0, net assets of $3.0m.