Financial Literacy International Inc

Analysis

Financial Literacy International Inc is a registered charity in United States, based in Hollidaysburg, PA. It received its IRS tax-exemption ruling in October 2015, 11 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, Financial Literacy International Inc reported income of $728k and spending of $651k, spending 89% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $638k to $728k (+14%), an average of +3.4% a year. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Financial Literacy International Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 74th percentile within PA. Charities of a similar size with the same main cause include Family Care Connection ($728k), Africa Family Rescue ($728k) and Tri Counties Community Action Partnership ($728k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $244k. At year end it held assets of $165k against liabilities of $17k, net assets of $147k. It reported 1 employees.