Public Charity

NATIONAL FOUNDATION FOR CREDIT COUNSELING INC

NATIONAL FOUNDATION FOR CREDIT COUNSELING INC is a Public Charity headquartered in WASHINGTON, DC. Financial data from the 2024 filing: $8.6M revenue, $9.0M expenses, $6.3M total assets. 5 publicly reported grants to this organization, totaling roughly $4.4M, appear in IRS filings.

EIN: 530132493 WASHINGTON, DC Latest filing: 2024
Total Revenue$8.6M
Total Expenses$9.0M
Total Assets$6.3M
Grant Records5
Funding Total$4.4M
Filing Years2020–2024

Mission

TO LEAD A NATIONAL MOVEMENT THAT BETTER EQUIPS AMERICANS TO MANAGE THEIR FINANCIAL FUTURES AND, IN TURN, ADVANCES THE ECONOMY AND OUR NATION AS A WHOLE. FOUNDED IN 1951, THE NATIONAL FOUNDATION FOR CREDIT COUNSELING (NFCC) IS THE OLDEST NONPROFIT DEDICATED TO IMPROVING PEOPLE'S FINANCIAL WELL-BEING. WITH 52 MEMBER AGENCIES AND OVER 1,200 NFCC CERTIFIED CREDIT COUNSELORS SERVING 50 STATES AND ALL U.S. TERRITORIES, OUR NFCC CERTIFIED CREDIT COUNSELORS ARE FINANCIAL ADVOCATES, EMPOWERING MILLIONS OF CONSUMERS TO TAKE CHARGE OF THEIR FINANCES THROUGH ONE-ON-ONE FINANCIAL REVIEWS THAT ADDRESS CREDIT CARD DEBT, STUDENT LOANS, HOUSING DECISIONS, AND OVERALL MONEY MANAGEMENT.

Officers & Directors

TRUSTEE Amy Helen
SVP, MEDIA RELATIONS & MEMBERSHIP Bruce Mcclary
TRUSTEE Christopher Camaione-Lind
TRUSTEE Christopher Viale
CHAIR UNTIL 08/2024 Debbie Bianucci
TRUSTEE Eleanor Hohman

Officer compensation and complete director data available with membership.

Top Grant Purposes

GENERAL SUPPORT
$4,218,453 3 grants
Grant to support AARP Foundation's SNAP benefits program
$150,000 1 grant
For grant recipient's exempt purposes
$10,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $8.6M $9.0M $6.3M
2023 $9.7M $11.0M $7.7M
2022 $9.6M $10.0M $9.4M
2021 $8.8M $9.4M $8.2M
2020 $9.5M $8.7M $7.7M

Between 2020 and 2024, reported annual revenue declined from $9.5M to $8.6M (-10%), with total assets most recently reported at $6.3M.

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

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