Public Charity

THE INSTITUTE OF CONSUMER MONEY

THE INSTITUTE OF CONSUMER MONEY is a Public Charity headquartered in RALEIGH, NC. Financial data from the 2025 filing: $1.9M revenue, $1.2M expenses, $5.4M total assets. 2 publicly reported grants to this organization, totaling roughly $1.9M, appear in IRS filings.

EIN: 471524248 RALEIGH, NC Research Institutes & Public Policy Analysis NTEE: W05 Latest filing: 2025
Total Revenue$1.9M
Total Expenses$1.2M
Total Assets$5.4M
Grant Records2
Funding Total$1.9M
Filing Years2020–2025

Mission

OUR MISSION IS TO CREATE A SUSTAINABLE FINANCIAL FUTURE FOR CONSUMERS. WE PROVIDE FUNDING FOR THE CONDUCTING OF RESEARCH AND STUDIES THAT PROMOTE POSITIVE SPENDING BEHAVIORS AND CONSUMER ASSET BUILDING. WE ARE COMMITTED TO PROMOTING FINANCIAL LITERACY IN OUR COMMUNITY AND ACROSS THE UNITED STATES.

Officers & Directors

EXECUTIVE DIRECTOR Dr Diane Chen
BOARD DIRECTOR Dr Jeffrey Leiter
BOARD DIRECTOR Dr Tara Kenyon
BOARD DIRECTOR Erin Krupa
TREASURER Lee Tate
CHAIRMAN/PRESIDENT Monica Smiley

Officer compensation and complete director data available with membership.

Top Grant Purposes

TO SUPPORT ICMM
$1,900,000 2 grants

Financial Trends

Year Revenue Expenses Assets
2025 $1.9M $1.2M $5.4M
2024 $443K $835K $4.4M
2023 $415K $971K $4.4M
2021 $353K $1.9M $6.2M
2020 $144K $640K $7.2M

Between 2020 and 2025, reported annual revenue grew from $144K to $1.9M (+1234%), with total assets most recently reported at $5.4M.

Interactive year-over-year charts and full filing details available with membership.

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