Foundation for Financial Service Professionals

Analysis

Foundation for Financial Service Professionals is a registered charity in United States, based in Arlington, VA. It received its IRS tax-exemption ruling in August 1985, 41 years ago. 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 September 2023, Foundation for Financial Service Professionals reported income of $73k and spending of $43k, leaving 40% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income grew from $58k to $73k (+25%), an average of +5.8% a year. The sharpest change came in the year to September 2021, when income rose by 431%. Over the whole period it spent 101% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Foundation for Financial Service Professionals sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 28th percentile within VA. Charities of a similar size with the same main cause include St Marys School Foundation ($73k), National Suicide Help Center ($73k) and PTA California Congress of Parents Teachers & Students Inc ($72k).

On its Form 990-EZ for the period ending September 2023, revenue came from contributions and grants 76% of the total. At year end it held assets of $224k against liabilities of $26k, net assets of $198k.