Rochambeau the French International School of Washington DC

Analysis

Rochambeau the French International School of Washington DC is a registered charity in United States, based in Bethesda, MD. It received its IRS tax-exemption ruling in October 1967, 59 years ago. 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 2023, Rochambeau the French International School of Washington DC reported income of $33.4m and spending of $31.6m, spending 95% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $27.1m to $33.4m (+23%), an average of +5.3% a year. The sharpest change came in the year to June 2023, when income rose by 24%. Over the whole period it spent 92% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Rochambeau the French International School of Washington DC sits at the 99th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within MD. Charities of a similar size with the same main cause include Glenwood Inc ($33.3m), Presbyterian Homes in the Presbytery of Lake Erie ($33.4m) and Greater Boston Legal Services Inc ($33.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.3% and program service revenue 93% of the total. Compensation of current officers, directors and key employees was $543k (1.7% of expenses). Other salaries and wages came to $18.4m. At year end it held assets of $108.8m against liabilities of $70.7m, net assets of $38.1m. It reported 343 employees.