Illinois Bank Examiners Education Foundation

Analysis

Illinois Bank Examiners Education Foundation is a registered charity in United States, based in Springfield, IL. It received its IRS tax-exemption ruling in August 1988, 38 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 supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Illinois Bank Examiners Education Foundation reported income of $146k and spending of $2,015, leaving 99% of income unspent that year. Across the 6 years on record, from June 2019 to June 2024, income grew from $71k to $146k (+105%), an average of +15% a year. The sharpest change came in the year to June 2024, when income rose by 349%. Over the whole period it spent 1.5% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Illinois Bank Examiners Education Foundation sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 47th percentile within IL. Charities of a similar size with the same main cause include Navigation Games Inc ($146k), Junior League of Omaha Inc ($147k) and Main Street Union City Inc ($146k).

At year end it held assets of $3.8m against liabilities of $0, net assets of $3.8m.