Lecole Francaise du Maine
Analysis
Lecole Francaise du Maine is a registered charity in United States, based in S Freeport, ME. It received its IRS tax-exemption ruling in September 2003, 23 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 December 2022, Lecole Francaise du Maine reported income of $1.4m and spending of $1.5m, spending 104% of its income. Across the 4 years on record, from December 2019 to December 2022, income grew from $965k to $1.4m (+50%), an average of +14% a year. The sharpest change came in the year to December 2020, when income rose by 25%. Over the whole period it spent 92% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Lecole Francaise du Maine sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 81st percentile within ME. Charities of a similar size with the same main cause include United Voices for Newcomer Rights ($1.4m), Progressive Maryland Eduction Fund Inc ($1.4m) and Union Schools Education Foundation Inc ($1.4m).
On its Form 990 for the period ending December 2022, revenue came from contributions and grants 15% and program service revenue 84% of the total. Compensation of current officers, directors and key employees was $187k (12% of expenses). Other salaries and wages came to $524k. At year end it held assets of $1.2m against liabilities of $301k, net assets of $919k. It reported 29 employees.
Income and spending
Where the income comes from
- Contributions & grants 15%
- Program services 84%
- Other 0.4%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| United Voices for Newcomer Rights | Albuquerque | $1.4m |
| Progressive Maryland Eduction Fund Inc | Upper Marlboro | $1.4m |
| Union Schools Education Foundation Inc | Tulsa | $1.4m |
| Louisiana State University at Eunice Foundation | Eunice | $1.4m |