John C Bogle Center for Financial Literacy

Analysis

John C Bogle Center for Financial Literacy is a registered charity in United States, based in Austin, TX. It received its IRS tax-exemption ruling in February 2012, 14 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, John C Bogle Center for Financial Literacy reported income of $71k and spending of $47k, leaving 33% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $33k to $71k (+116%), an average of +116% a year. The sharpest change came in the year to December 2023, when income rose by 116%. Over the whole period it spent 142% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, John C Bogle Center for Financial Literacy sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 29th percentile within TX. Charities of a similar size with the same main cause include Ivy Bend Community Food Pantry ($71k), Sunflower Outreach Services ($71k) and Huntingdon County Drop-In Center Inc ($71k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 39% and program service revenue 37% of the total. At year end it held assets of $267k against liabilities of $0, net assets of $267k.