French Academy of Bergen County Inc

Analysis

French Academy of Bergen County Inc is a registered charity in United States, based in Englewood, NJ. It received its IRS tax-exemption ruling in August 2007, 19 years ago. 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 June 2023, French Academy of Bergen County Inc reported income of $2.5m and spending of $2.1m, spending 84% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.0m to $2.5m (+24%), an average of +5.6% a year. The sharpest change came in the year to June 2023, when income rose by 38%. Over the whole period it spent 93% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, French Academy of Bergen County Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 89th percentile within NJ. Charities of a similar size with the same main cause include Ozaukee Day Care Center Inc ($2.5m), Hearing Speech & Deaf Center of Greater Cincinnati ($2.5m) and Affordable Housing Centers of Pennsylvania ($2.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 9.3% and program service revenue 91% of the total. Other salaries and wages came to $937k. At year end it held assets of $2.5m against liabilities of $1.8m, net assets of $701k. It reported 35 employees.