Consumers Credit Counseling Service of Rochester Inc

Analysis

Consumers Credit Counseling Service of Rochester Inc is a registered charity in United States, based in Rochester, NY. It received its IRS tax-exemption ruling in July 2020, 6 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, Consumers Credit Counseling Service of Rochester Inc reported income of $3.2m and spending of $4.1m, spending 129% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $3.2m to $3.2m (-0.9%), an average of -0.2% a year. Over the whole period it spent 102% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Consumers Credit Counseling Service of Rochester Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 86th percentile within NY. Charities of a similar size with the same main cause include Marrakech Residential Services Inc ($3.2m), Employment Resources Incorporated ($3.2m) and Learning Works ($3.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 35% and program service revenue 49% of the total. Compensation of current officers, directors and key employees was $346k (8.4% of expenses). Other salaries and wages came to $1.5m. At year end it held assets of $7.5m against liabilities of $1.4m, net assets of $6.1m. It reported 44 employees.