Financial Education and Economic Transformation Center

Analysis

Financial Education and Economic Transformation Center is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in March 2003, 23 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, Financial Education and Economic Transformation Center reported income of $135k and spending of $116k, spending 86% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $44k to $135k (+205%), an average of +45% a year. The sharpest change came in the year to December 2023, when income rose by 440%. Over the whole period it spent 76% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Financial Education and Economic Transformation Center sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 41st percentile within CO. Charities of a similar size with the same main cause include GHS Baseball Booster Club Inc ($135k), Florida Division on Career Development and Transition Inc ($135k) and Spoon River Pregnancy Resource ($135k).

Compensation of current officers, directors and key employees was $15k (13% of expenses). At year end it held assets of $22k against liabilities of $0, net assets of $22k.