American Library in Paris Inc

Analysis

American Library in Paris Inc is a registered charity in United States, based in France. It received its IRS tax-exemption ruling in April 1940, 86 years ago. Its declared purposes cover education, which this site groups under education and training. 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 December 2023, American Library in Paris Inc reported income of $1.5m and spending of $1.8m, spending 123% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.3m to $1.5m (+13%), an average of +3.0% a year. The sharpest change came in the year to December 2022, when income rose by 33%. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, American Library in Paris Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 83rd percentile. Charities of a similar size with the same main cause include North State Building Industryfoundation ($1.5m), School in the Woods Montessori School ($1.5m) and Gloria Deo Academy ($1.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 52% and program service revenue 36% of the total. Compensation of current officers, directors and key employees was $157k (8.5% of expenses). Other salaries and wages came to $497k. At year end it held assets of $3.1m against liabilities of $682k, net assets of $2.4m.