A Debt Coach Credit Counseling Service Inc

Analysis

A Debt Coach Credit Counseling Service Inc is a registered charity in United States, based in Florence, KY. It received its IRS tax-exemption ruling in May 1995, 31 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, A Debt Coach Credit Counseling Service Inc reported income of $442k and spending of $438k, spending 99% of its income. Across the 4 years on record, from December 2019 to December 2023, income fell from $1.2m to $442k (-63%), an average of -28% a year. The sharpest change came in the year to December 2022, when income dropped by 44%. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, A Debt Coach Credit Counseling Service Inc sits at the 63rd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 69th percentile within KY. Charities of a similar size with the same main cause include Odessa Links Inc ($442k), Homeless Angels Inc ($442k) and Solomon Valley Transportation Inc ($442k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 40% and program service revenue 56% of the total. Compensation of current officers, directors and key employees was $66k (15% of expenses). Other salaries and wages came to $113k. At year end it held assets of $90k against liabilities of $7,905, net assets of $82k. It reported 5 employees.