Lycee Franco-Americain International School Inc
Analysis
Lycee Franco-Americain International School Inc is a registered charity in United States, based in Cooper City, FL. It received its IRS tax-exemption ruling in June 2004, 22 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 June 2023, Lycee Franco-Americain International School Inc reported income of $1.5m and spending of $1.4m, spending 98% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $657k to $1.5m (+121%), an average of +22% a year. The sharpest change came in the year to June 2023, when income rose by 26%. Over the whole period it spent 105% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Lycee Franco-Americain International School Inc 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 85th percentile within FL. Charities of a similar size with the same main cause include Happy Jacks Inc ($1.5m), Islamic Academy of Alabama- Inc ($1.5m) and Superior Communications ($1.4m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 3.9% and program service revenue 95% of the total. Compensation of current officers, directors and key employees was $62k (4.4% of expenses). Other salaries and wages came to $672k. At year end it held assets of $323k against liabilities of $1.3m, net assets of -$934k. It reported 29 employees.
Income and spending
Where the income comes from
- Contributions & grants 3.9%
- Program services 95%
- Other 1.3%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Happy Jacks Inc | Kerrville | $1.5m |
| Islamic Academy of Alabama- Inc | Homewood | $1.5m |
| Superior Communications | Imlay City | $1.4m |
| Ridgewood School Association | Springfield | $1.5m |