TPhilanthropy, Voluntarism & GrantmakingEIN: 232953650· Ruling Year: 1998

Joseph B And Virginia H Banks Foundation

Wilkes Barre, Pennsylvania

BHealth Score
57B

Financial Health Score

8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.

Above Average

How This Organization Compares

Compared to 20 peers in Philanthropy, Voluntarism & Grantmaking with <$100K revenue

Working Capital Ratio (net assets ÷ expenses)

This Org16.02×
Peer Median18.82×
💰
-$55K
Total Revenue
📊
$102K
Total Expenses
🏦
$1.6M
Net Assets
📋
$1
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-183.9%
Year-over-year change (2022 → 2023)
Net Margin
+287.4%
Revenue minus expenses as % of revenue
Working Capital Ratio
16.02
Net assets divided by total expenses
Liabilities-to-Assets
0.0%
Total liabilities as % of total assets

Filing History

10 filings on record
YearRevenueExpensesAssets
2023-$54,675184%$102,45518%$1,641,1879%
2022$65,19565%$86,65828%$1,798,3171%
2021$185,61786%$119,789103%$1,819,7804%
2020$1,339,8212267%$59,0733%$1,753,952271%
2019$56,60226%$57,501172%$473,2042%
2015$76,946150%$21,12915%$483,16413%
2014$30,78415%$18,3741%$427,3473%
2013$26,87213%$18,50629%$414,9372%
2012$30,76364%$14,36952%$406,5714%
2011$18,755$29,672$390,177

Frequently Asked Questions

What does Joseph B And Virginia H Banks Foundation do?

Joseph B And Virginia H Banks Foundation is a philanthropy, voluntarism & grantmaking nonprofit organization based in Pennsylvania. It is classified under NTEE code T20Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is Joseph B And Virginia H Banks Foundation financially healthy?

Financial health scoring requires Form 990 filing data. Check back as we process more filings for Joseph B And Virginia H Banks Foundation.

How much revenue does Joseph B And Virginia H Banks Foundation generate?

Revenue data for Joseph B And Virginia H Banks Foundation is sourced from IRS filings. Detailed financial breakdowns may be available on the organization's Form 990.

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