Graduate School of Banking at Colorado

Analysis

Graduate School of Banking at Colorado is a registered charity in United States, based in Westminster, CO. It received its IRS tax-exemption ruling in November 1961, 65 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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 September 2023, Graduate School of Banking at Colorado reported income of $3.4m and spending of $3.2m, spending 94% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $2.5m to $3.4m (+34%), an average of +7.7% a year. The sharpest change came in the year to September 2021, when income rose by 625%. Over the whole period it spent 102% 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 at Colorado sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 90th percentile within CO. Charities of a similar size with the same main cause include To Gether Canby ($3.4m), Kansas Suicide Prevention HQ Inc ($3.4m) and Saint Francis Hospital and Medical Center Foundation Inc ($3.4m).

On its Form 990 for the period ending September 2023, revenue came from program service revenue 98% of the total. Compensation of current officers, directors and key employees was $309k (9.8% of expenses). Other salaries and wages came to $436k. At year end it held assets of $3.3m against liabilities of $763k, net assets of $2.5m. It reported 14 employees.