Bank Administration Institute

Analysis

Bank Administration Institute is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in December 1984, 42 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Bank Administration Institute reported income of $1.8m and spending of $146k, leaving 92% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income fell from $3.4m to $1.8m (-48%), an average of -15% a year. The sharpest change came in the year to September 2023, when income rose by 96%. Over the whole period it spent 59% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Bank Administration Institute sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 85th percentile within IL. Charities of a similar size with the same main cause include Thornton Township Foundation Inc ($1.8m), Technical Assistance Corp ($1.8m) and Women Business Collaborative ($1.8m).

On its Form 990 for the period ending September 2023, revenue came from program service revenue 0.9% of the total. Compensation of current officers, directors and key employees was $2,297 (1.6% of expenses). Other salaries and wages came to $25k. At year end it held assets of $45.2m against liabilities of $12.5m, net assets of $32.7m. It reported 130 employees.