Niagara Falls Education Foundation Inc

Analysis

Niagara Falls Education Foundation Inc is a registered charity in United States, based in Niagara Falls, NY. It received its IRS tax-exemption ruling in March 2003, 23 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 June 2024, Niagara Falls Education Foundation Inc reported income of $85k and spending of $55k, leaving 35% of income unspent that year. Across the 2 years on record, from June 2023 to June 2024, income fell from $89k to $85k (-4.7%), an average of -4.7% a year. Over the whole period it spent 60% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Niagara Falls Education Foundation Inc sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 33rd percentile within NY. Charities of a similar size with the same main cause include Cultural Center Hrisohorafiton Alexander the Great Inc ($85k), Turning the Tide ($85k) and New York State Reading Association Inc ($85k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 64% of the total. At year end it held assets of $297k against liabilities of $0, net assets of $297k.