New York French - American Charter School

Analysis

New York French - American Charter School is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in December 2010, 16 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, New York French - American Charter School reported income of $6.6m and spending of $8.0m, spending 121% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $5.3m to $6.6m (+25%), an average of +5.8% a year. The sharpest change came in the year to June 2022, when income rose by 23%. Over the whole period it spent 108% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, New York French - American Charter School sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 91st percentile within NY. Charities of a similar size with the same main cause include Greenville Technical Charter High School ($6.6m), Midwestern State University Foundation Inc ($6.7m) and Greer Middle College Charter High School ($6.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $351k (4.4% of expenses). Other salaries and wages came to $3.3m. At year end it held assets of $18.5m against liabilities of $19.9m, net assets of -$1.4m. It reported 55 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.