Youth Orchestra Foundation of Buffalo Inc

Analysis

Youth Orchestra Foundation of Buffalo Inc is a registered charity in United States, based in Tonawanda, NY. It received its IRS tax-exemption ruling in August 1975, 51 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 May 2024, Youth Orchestra Foundation of Buffalo Inc reported income of $83k and spending of $93k, spending 112% of what it took in. Across the 3 years on record, from May 2022 to May 2024, income grew from $68k to $83k (+22%), an average of +10% a year. The sharpest change came in the year to May 2024, when income rose by 19%. Over the whole period it spent 102% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Youth Orchestra Foundation of Buffalo Inc sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 32nd percentile within NY. Charities of a similar size with the same main cause include Vintage Automobile Museum of New Jersey Inc ($83k), The Colonel Drake Cultural ($83k) and Joanna Medawar Nachef Singers ($83k).

On its Form 990-EZ for the period ending May 2024, revenue came from contributions and grants 14% and program service revenue 82% of the total. At year end it held assets of $164k against liabilities of $5,197, net assets of $158k.