Graduate School of Banking Inc

Analysis

Graduate School of Banking Inc is a registered charity in United States, based in Madison, WI. It received its IRS tax-exemption ruling in April 1984, 42 years ago. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending October 2023, Graduate School of Banking Inc reported income of $4.0m and spending of $3.8m, spending 94% of its income. Across the 5 years on record, from October 2019 to October 2023, income grew from $3.7m to $4.0m (+9.4%), an average of +2.3% a year. The sharpest change came in the year to October 2021, when income rose by 137%. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Graduate School of Banking Inc sits at the 91st percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 91st percentile within WI. Charities of a similar size with the same main cause include Parenting Network Inc ($4.0m), United Way of Graham County ($4.0m) and Laguna Food Pantry ($4.0m).

On its Form 990 for the period ending October 2023, revenue came from program service revenue 99% of the total. Compensation of current officers, directors and key employees was $308k (8.1% of expenses). Other salaries and wages came to $537k. At year end it held assets of $1.5m against liabilities of $470k, net assets of $1.1m. It reported 17 employees.