International Foundation for Retirement Education

Analysis

International Foundation for Retirement Education is a registered charity in United States, based in Barrington, IL. It received its IRS tax-exemption ruling in January 1997, 29 years ago. Its declared purposes cover mutual and membership benefit, which this site groups under other charitable purposes. 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, International Foundation for Retirement Education reported income of $287k and spending of $340k, spending 119% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $434k to $287k (-34%), an average of -9.8% a year. The sharpest change came in the year to December 2022, when income dropped by 21%. Over the whole period it spent 106% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, International Foundation for Retirement Education sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 61st percentile within IL. Charities of a similar size with the same main cause include Mercy Manor Inc ($287k), California Revels ($287k) and American Society of Civil Engineers ($287k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 120% of the total. Compensation of current officers, directors and key employees was $100k (29% of expenses). Other salaries and wages came to $92k. At year end it held assets of $387k against liabilities of $7,090, net assets of $380k. It reported 4 employees.