Family Financial Education Foundation

Analysis

Family Financial Education Foundation is a registered charity in United States, based in Evanston, WY. It received its IRS tax-exemption ruling in August 1998, 28 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, Family Financial Education Foundation reported income of $788k and spending of $754k, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.3m to $788k (-41%), an average of -12% a year. The sharpest change came in the year to December 2022, when income dropped by 59%. Over the whole period it spent 104% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Family Financial Education Foundation sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 80th percentile within WY. Charities of a similar size with the same main cause include White County Aging Program Inc ($788k), Jim and Juli Boeheim Foundation Inc ($788k) and Reachh - Family Resource Center Inc ($788k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 26% and program service revenue 32% of the total. Other salaries and wages came to $364k. At year end it held assets of $2.6m against liabilities of $981k, net assets of $1.6m. It reported 12 employees.