National Foundation For Credit Counseling Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 12,603,299 | 13,776,941 | −1,173,642 | 1.4 | 15% |
| 2012 | 11,690,515 | 11,655,578 | 34,937 | 1.7 | 15% |
| 2013 | 20,311,966 | 12,886,457 | 7,425,509 | 8.5 | 14% |
| 2014 | 11,194,697 | 12,552,270 | −1,357,573 | 7.4 | 15% |
| 2015 | 12,555,616 | 12,836,956 | −281,340 | 7.0 | 16% |
| 2016 | 9,932,313 | 10,450,780 | −518,467 | 7.9 | 20% |
| 2017 | 12,725,015 | 11,968,049 | 756,966 | 7.7 | 18% |
| 2018 | 6,043,846 | 9,740,921 | −3,697,075 | 4.9 | 24% |
| 2019 | 9,771,544 | 8,346,975 | 1,424,569 | 7.8 | 31% |
| 2020 | 9,543,593 | 8,664,176 | 879,417 | 8.7 | 32% |
| 2021 | 8,760,104 | 9,369,612 | −609,508 | 7.3 | 29% |
| 2022 | 9,648,541 | 9,984,405 | −335,864 | 6.4 | 30% |
| 2023 | 9,663,493 | 10,982,606 | −1,319,113 | 4.5 | 23% |
In its most recent public year (2023), this organization spent $1,319,113 more than it brought in. Its reserves stood at about 4.5 months of spending, up from 1.4 in 2011. Staff pay was 23% of spending. $2,387,754 of its net assets are donor-restricted.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
National Foundation For Credit Counseling Inc's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works