Le Lycee Francais de Los Angeles

Analysis

Le Lycee Francais de Los Angeles is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in June 1970, 56 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 July 2023, Le Lycee Francais de Los Angeles reported income of $25.4m and spending of $24.2m, spending 95% of its income. Across the 5 years on record, from July 2019 to July 2023, income grew from $22.9m to $25.4m (+11%), an average of +2.6% a year. Over the whole period it spent 88% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Le Lycee Francais de Los Angeles sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within CA. Charities of a similar size with the same main cause include Philander Smith College ($25.3m), Education Foundation Scholarship Endowment Trust ($25.4m) and Corporation of the Washington Latin School ($25.3m).

On its Form 990 for the period ending July 2023, revenue came from program service revenue 90% of the total. Compensation of current officers, directors and key employees was $557k (2.3% of expenses). Other salaries and wages came to $13.0m. At year end it held assets of $92.2m against liabilities of $14.4m, net assets of $77.8m. It reported 189 employees.