New York · Nonprofit
DEBT COUNSELING CORP
DEBT COUNSELING CORP (New York) receives grants from 3 organizations whose IRS filings report $63,239 to it, the largest being The Bank of America Charitable Foundation Inc ($30,000). 2 of them have funded it in more than one year.
- Revenue FY2025
- $15k
- Funders on record
- 3
- Grants received
- $63k
- Net assets
- $0
What Debt Counseling Corp does
Mission
It is the mission of Debt Counseling Corp to provide the highest quality of individual education on matters of interest to consumers related to debt, credit and financial management. We strive to treat each consumer as an individual with specific needs. This mission is accomplished through telephonic counseling sessions and outreach through the educational materials available on our website during this time period. It is our goal to teach consumers the skills they need to make better financial decisions not just in the short term but over their lifetime.Counseling is conducted by Certified Credit Counselors and is especially important for those in the lower to moderate income level of the population who might not otherwise have access to this help. The organization's counseling function includes teaching consumers how to have a better understanding of where and when they are spending their money and what can be done to better their financial situation. This allows consumers to take an
As stated on its FY2025 Form 990-EZ.
Program
The largest service provided by DCC is our credit counseling. Our counseling is performed by Certified Credit Counselors to the general public and focuses on financially educating all individuals who are in need of help no matter their situation. Our organizations counseling service enables consumers to have a better understanding of how and where they are spending their money and what can be done to better their financial situation.Counselors help consumers complete a budget and identify opportunities to pay down their debt. This allows consumers to take an active role in understanding their cash flow; ultimately making their debt more manageable. Social Service referrals are given (if appropriate). Our in-house Education Department researches and writes all of our educational material which is used to support our counseling sessions.If appropriate, a Debt Management Program is suggested and a referral is made to a licensed 501(c)(3) organization. This program has proven to be invaluable to those for whom it is a good fit. Our Certified Credit Counselors continue to educate clients throughout the process as well as after the program is completed for as long as the clients would…
$11,188 spent100% of program spending
The program described on its FY2025 Form 990-EZ. Program spending in total: $11,188.
The organization over time
Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2017 to 2018, from $658k to $324k (−51%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
Government-grant reliance: 2020 10% · 2021 12% · 2022 6%. Grants only. Government contracts and fees sit inside program revenue.
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 7 of the last 9 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Who funds it, year by year
2017 → 2018: the base narrowed from 3 funders to 2 funders, grant income fell $39k → $25k.
1 of 3 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 9% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
From the IRS filings of DEBT COUNSELING CORP’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
DEBT COUNSELING CORP leans on a few funders — its largest provides 47% of grant income and the top three 100%; half comes from just 2 funders.
the vertical line marks half of all grant income — 2 funders to its left
53% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund DEBT COUNSELING CORP.
Largest funder’s share by year: 2017 46% · 2018 61% — growing more concentrated.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Where its funders are
DEBT COUNSELING CORP draws 100% of its grant income from funders outside New York, across 2 states in all.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $6k arriving through sponsors registered in 1 state is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Organizations like DEBT COUNSELING CORP
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In New York
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Public support
100%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Screen this organization
A dated, signed PDF of the compliance screen for DEBT COUNSELING CORP: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds DEBT COUNSELING CORP?
- DEBT COUNSELING CORP (New York) receives grants from 3 organizations whose IRS filings report $63,239 to it, the largest being The Bank of America Charitable Foundation Inc ($30,000). 2 of them have funded it in more than one year.
- How many funders does DEBT COUNSELING CORP have?
- IRS filings report 3 organizations giving $63,239 in grants to DEBT COUNSELING CORP, 2 of which have funded it in more than one year.
- Who is the largest funder of DEBT COUNSELING CORP?
- The Bank of America Charitable Foundation Inc is the largest funder on record, with $30,000 in grants. The full list of funders is on this page.
- How can an organization like DEBT COUNSELING CORP find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in New York. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
Play a game about who funds Debt Counseling →
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 3 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing