Buffalo Niagara Partnership Foundation

Analysis

Buffalo Niagara Partnership Foundation is a registered charity in United States, based in Buffalo, NY. It received its IRS tax-exemption ruling in July 1960, 66 years ago. 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 2023, Buffalo Niagara Partnership Foundation reported income of $164k and spending of $462k, spending 281% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income fell from $589k to $164k (-72%), an average of -35% a year. The sharpest change came in the year to June 2022, when income dropped by 71%. Over the whole period it spent 76% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Buffalo Niagara Partnership Foundation sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 47th percentile within NY. Charities of a similar size with the same main cause include Garden Club of Ohio Inc ($164k), Korean American Association of Laguna Woods Village ($164k) and Manistee Recreation Association ($164k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $1.0m against liabilities of $384k, net assets of $640k.