Financial Education Services Inc

Analysis

Financial Education Services Inc is a registered charity in United States, based in Lewes, DE. It received its IRS tax-exemption ruling in July 2020, 6 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, Financial Education Services Inc reported income of $161k and spending of $167k, spending 104% of its income. The sharpest change came in the year to December 2023, when income rose by 192%. Over the whole period it spent 112% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Financial Education Services Inc sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 43rd percentile within DE. Charities of a similar size with the same main cause include Argos Garden Court Inc ($161k), Win Our Nation Inc ($161k) and Two Lives Changed ($161k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $11k against liabilities of $168k, net assets of -$157k.