Western States School of Banking Foundation

Analysis

Western States School of Banking Foundation is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in September 1991, 35 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Western States School of Banking Foundation reported income of $211k and spending of $210k, spending 100% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $182k to $211k (+16%), an average of +16% a year. The sharpest change came in the year to December 2023, when income rose by 16%. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Western States School of Banking Foundation sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 52nd percentile within CO. Charities of a similar size with the same main cause include Military Cyber Professionals Association Incorporated ($211k), South Forsyth Band Boosters Inc ($211k) and Inlet Grove Community High School Foundation Inc ($211k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 99% of the total. At year end it held assets of $174k against liabilities of $0, net assets of $174k.