Overview

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Est.

2006

Fiscal Year Start

Oct 1

Organization Type

Grantseeker

AI Summary

The Financial Clinic is a nonprofit organization dedicated to enhancing the financial security of working poor families by addressing their immediate financial challenges and helping them set long-term goals for financial mobility. With an operating budget of $3.3 million and total revenue of $2.7 million for the filing year 2024, the organization relies on a diverse range of funders, none of which contribute 50% or more of its revenue. More information about their services and initiatives can be found on their website, thefinancialclinic.org.

Mission Statement

THE FINANCIAL CLINIC BUILDS WORKING POOR FAMILIES' FINANCIAL SECURITY BY ADDRESSING THEIR IMMEDIATE FINANCIAL CHALLENGES AND HELPING THEM SET LONG-TERM GOALS TO ACHIEVE FINANCIAL MOBILITY.
Revenues
$2.7M
Expenses
$3.3M
Net Income:
-$593.8K
Assets
$2.7M
Liabilities
$674K
Net Assets:
+$2M
Operating Budget
$3.3M
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
4
Median grant size
$90K
Largest grant received
$900K
M
Mae Watson Grote
Board Member
A
Andy Tuckett
Board Member
R
Rhonda Mower
Board Member

Frequently Asked Questions

What is THE FINANCIAL CLINIC’s budget?
In 2024, THE FINANCIAL CLINIC reported an annual operating budget of around $3.3 million. More detailed financial information is available to registered users.
What causes does THE FINANCIAL CLINIC support?
THE FINANCIAL CLINIC supports work in Personal services.
Where does THE FINANCIAL CLINIC operate?
THE FINANCIAL CLINIC is headquartered in Brooklyn, NY.
Who funded THE FINANCIAL CLINIC recently?
In 2025, THE FINANCIAL CLINIC received grants from TARGET FOUNDATION, AMERICAN ONLINE GIVING FOUNDATION INC, and EAST BAY COMMUNITY FOUNDATION. More information on this organization’s funders is available to registered users.
What is the largest grant THE FINANCIAL CLINIC received in 2024?
The largest grant to THE FINANCIAL CLINIC in 2024 exceeds $900 thousand.