Financial Policy Council Inc

Analysis

Financial Policy Council Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in June 2011, 15 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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 Policy Council Inc reported income of $215k and spending of $209k, spending 97% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $130k to $215k (+66%), an average of +66% a year. The sharpest change came in the year to December 2023, when income rose by 66%. Over the whole period it spent 94% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Financial Policy Council Inc sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 53rd percentile within NY. Charities of a similar size with the same main cause include Little League Baseball Inc ($215k), Delta Tau Delta Educational Foundation of Gamma Pi Chapter ($215k) and Jackson Memorial Library ($215k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% and program service revenue 1.6% of the total. At year end it held assets of $34k against liabilities of $0, net assets of $34k.