The Buffalo Harbor Sailing Club Inc C/O Frederick B Cohen Esq

Analysis

The Buffalo Harbor Sailing Club Inc C/O Frederick B Cohen Esq is a registered charity in United States, based in Buffalo, NY. It received its IRS tax-exemption ruling in November 1993, 33 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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 December 2023, The Buffalo Harbor Sailing Club Inc C/O Frederick B Cohen Esq reported income of $71k and spending of $54k, leaving 24% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $60k to $71k (+19%), an average of +19% a year. The sharpest change came in the year to December 2023, when income rose by 19%. Over the whole period it spent 82% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, The Buffalo Harbor Sailing Club Inc C/O Frederick B Cohen Esq sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 29th percentile within NY. Charities of a similar size with the same main cause include Rochelle Junior Tackle ($71k), Middleboro Youth Softball League ($71k) and Cedar Rapids Cougars Baseball Association ($71k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 6.1% and program service revenue 26% of the total. At year end it held assets of $87k against liabilities of $0, net assets of $87k.