Consumer Credit Nationwide

Analysis

Consumer Credit Nationwide is a registered charity in United States, based in Bettendorf, IA. It received its IRS tax-exemption ruling in August 2007, 19 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, Consumer Credit Nationwide reported income of $64k and spending of $56k, spending 88% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $217k to $64k (-71%), an average of -26% a year. The sharpest change came in the year to December 2022, when income dropped by 43%. Over the whole period it spent 90% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Consumer Credit Nationwide sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 22nd percentile within IA. Charities of a similar size with the same main cause include The Reede Scholars Inc ($64k), Fields of Promise Inc ($64k) and Marians Closet ($64k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $13k against liabilities of $1,176, net assets of $12k.