Conference of State Bank Supervisors Inc

Analysis

Conference of State Bank Supervisors Inc is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in May 2012, 14 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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 December 2023, Conference of State Bank Supervisors Inc reported income of $92.9m and spending of $90.0m, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $82.9m to $92.9m (+12%), an average of +2.9% a year. The sharpest change came in the year to December 2021, when income rose by 24%. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Conference of State Bank Supervisors Inc sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 98th percentile within DC. Charities of a similar size with the same main cause include The Child Center of Ny Inc ($92.8m), United Way of Canada Centraide ($93.0m) and New York State Technology Enterprise Corporation ($92.7m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 95% of the total. Compensation of current officers, directors and key employees was $3.3m (3.7% of expenses). Other salaries and wages came to $24.6m. At year end it held assets of $224.9m against liabilities of $41.4m, net assets of $183.5m. It reported 192 employees.