Southwestern Graduate School of Banking Foundation

Analysis

Southwestern Graduate School of Banking Foundation is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in October 1971, 55 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Southwestern Graduate School of Banking Foundation reported income of $1.7m and spending of $1.4m, leaving 22% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income grew from $1.0m to $1.7m (+67%), an average of +14% a year. The sharpest change came in the year to September 2023, when income rose by 145%. Over the whole period it spent 104% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Southwestern Graduate School of Banking Foundation sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 88th percentile within TX. Charities of a similar size with the same main cause include Telra Supporting Organization Inc ($1.7m), Grupo Nuevo Los Angeles ($1.7m) and Communities in Schools of the Nations Capital Inc ($1.7m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 3.0% and program service revenue 83% of the total. Compensation of current officers, directors and key employees was $146k (11% of expenses). Other salaries and wages came to $231k. At year end it held assets of $4.9m against liabilities of $1.5m, net assets of $3.4m. It reported 4 employees.