University at Buffalo Foundation Inc

Analysis

University at Buffalo Foundation Inc is a registered charity in United States, based in Buffalo, NY. It received its IRS tax-exemption ruling in January 1963, 63 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, University at Buffalo Foundation Inc reported income of $82.8m and spending of $77.9m, spending 94% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $54.0m to $82.8m (+53%), an average of +11% a year. The sharpest change came in the year to June 2021, when income rose by 145%. Over the whole period it spent 107% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, University at Buffalo Foundation Inc sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within NY. Charities of a similar size with the same main cause include New York Law School ($82.8m), Foundation of the State University of New York at Binghamton Inc ($82.8m) and American International College ($82.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 57% and program service revenue 0.0% of the total. At year end it held assets of $1.37bn against liabilities of $244.4m, net assets of $1.12bn.