Roswell Park Alliance Foundation

Analysis

Roswell Park Alliance Foundation is a registered charity in United States, based in Buffalo, NY. It received its IRS tax-exemption ruling in August 1996, 30 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 March 2023, Roswell Park Alliance Foundation reported income of $27.7m and spending of $29.9m, spending 108% of what it took in. Across the 5 years on record, from March 2019 to March 2023, income fell from $28.6m to $27.7m (-2.9%), an average of -0.7% a year. The sharpest change came in the year to March 2023, when income dropped by 26%. Over the whole period it spent 88% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Roswell Park Alliance Foundation sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 97th percentile within NY. Charities of a similar size with the same main cause include Catholic Charities of Buffalo ($27.7m), Grand Rapids Community Foundation ($27.9m) and American Friends of Leket Israel Inc ($27.6m).

On its Form 990 for the period ending March 2023, revenue came from contributions and grants 110% of the total. Compensation of current officers, directors and key employees was $455k (1.5% of expenses). Other salaries and wages came to $2.9m. It paid $173k in professional fundraising fees. At year end it held assets of $149.7m against liabilities of $27.1m, net assets of $122.7m. It reported 88 employees.