Financial Accounting Foundation is a nonprofit organization categorized as Public Charity based in Norwalk, CT. Its most recent IRS filing (2025) reports revenue of $74.9M, expenses of $75.0M, total assets of $162.7M.
Establish and improve high-quality financial accounting and reporting standards that provide information useful in decision making to investors and other users of financial reports and improving all stakeholders' understanding of those standards and preparers' ability to implement them effectively.
How Financial Accounting Foundation divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.
No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.
Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Officer compensation and complete director data available with membership.
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2025 | $74.9M | $75.0M | $162.7M |
| 2024 | $86.1M | $73.1M | $161.1M |
| 2023 | $80.8M | $70.1M | $145.7M |
| 2022 | $75.6M | $63.9M | $140.6M |
| 2021 | $61.7M | $56.7M | $106.0M |
Between 2021 and 2025, reported annual revenue grew from $61.7M to $74.9M (+22%), with total assets most recently reported at $162.7M.
Interactive year-over-year charts and full filing details available with membership.
