Consumer Credit Counseling Foundation Inc

Analysis

Consumer Credit Counseling Foundation Inc is a registered charity in United States, based in Livermore, CA. It received its IRS tax-exemption ruling in September 2002, 24 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Consumer Credit Counseling Foundation Inc reported income of $2.5m and spending of $2.6m, spending 105% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $698k to $2.5m (+255%), an average of +37% a year. The sharpest change came in the year to December 2023, when income rose by 102%. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Consumer Credit Counseling Foundation Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 88th percentile within CA. Charities of a similar size with the same main cause include Unquity House Corporation ($2.5m), Little Shepherds Learning Center ($2.5m) and Furniture Bank of Metro Atlanta Inc ($2.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 14% and program service revenue 86% of the total. Other salaries and wages came to $1.3m. At year end it held assets of $1.6m against liabilities of $1.1m, net assets of $523k. It reported 40 employees.