Public Charity

INSTITUTE FOR FINANCIAL LITERACY INC

INSTITUTE FOR FINANCIAL LITERACY INC is a Public Charity headquartered in PORTLAND, ME. Financial data from the 2025 filing: $216K revenue, $287K expenses, $448K total assets.

EIN: 760707546 PORTLAND, ME Financial Counseling NTEE: P51 Latest filing: 2025
Total Revenue$216K
Total Expenses$287K
Total Assets$448K
Grant Records0
Filing Years2021–2025

Mission

TO PROMOTE EFFECTIVE FINANCIAL EDUCATION AND COUNSELING. THE INSTITUTE WORKS WITH ORGANIZATIONS ACROSS THE COUNTRY TO INCORPORATE FINANCIAL EDUCATION INTO THEIR EXISTING SERVICES AND IS DEPENDENT UPON INDIVIDUAL AND CORPORATE FINANCIAL SUPPORT TO ACCOMPLISH ITS MISSION.

Where $100 goes at Institute for Financial Literacy Inc

How Institute for Financial Literacy Inc divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.

$88 Programs the work itself
$9 Management running the organization
$3 Fundraising raising the next dollar

Inside the $88 for programs

$59
Fincert.Org: formerly, the center for financial certification
67% of program spending
$29
Annual conference on financial education
33% of program spending
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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.

Officers & Directors

DIRECTOR (PA Gwen Reichbach
BOARD CHAIRM John Linfield
DIRECTOR (PA Megan Fitton
TREASURER Philip Susmann
EXEC DIR./SE Rachel Gordon

Officer compensation and complete director data available with membership.

Financial Trends

Year Revenue Expenses Assets
2025 $216K $287K $448K
2024 $221K $232K $516K
2023 $281K $220K $520K
2022 $151K $129K $475K
2021 $154K $121K $432K

Between 2021 and 2025, reported annual revenue grew from $154K to $216K (+40%), with total assets most recently reported at $448K.

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

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