Council of Financial Educators Inc

Analysis

Council of Financial Educators Inc is a registered charity in United States, based in St Petersburg, FL. It received its IRS tax-exemption ruling in September 2012, 14 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Council of Financial Educators Inc reported income of $472k and spending of $480k, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $342k to $472k (+38%), an average of +8.4% a year. The sharpest change came in the year to December 2022, when income rose by 41%. Over the whole period it spent 98% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Council of Financial Educators Inc sits at the 83rd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 72nd percentile within FL. Charities of a similar size with the same main cause include Daf a Week Inc ($472k), Break-Away Ministries Inc ($472k) and Agora University Inc ($472k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 21% and program service revenue 79% of the total. Compensation of current officers, directors and key employees was $71k (15% of expenses). At year end it held assets of $35k against liabilities of $1,548, net assets of $33k. It reported 1 employees.