Niagara Aquarium Foundation Inc

Analysis

Niagara Aquarium Foundation Inc is a registered charity in United States, based in Niagara Falls, NY. It received its IRS tax-exemption ruling in May 1994, 32 years ago. Its declared purposes cover animal-related, which this site groups under animals. 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 September 2023, Niagara Aquarium Foundation Inc reported income of $3.9m and spending of $4.8m, spending 123% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income fell from $3.9m to $3.9m (-0.1%), an average of +-0.0% a year. The sharpest change came in the year to September 2021, when income rose by 120%. Over the whole period it spent 82% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Niagara Aquarium Foundation Inc sits at the 97th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 88th percentile within NY. Charities of a similar size with the same main cause include Humane Farm Animal Care ($3.9m), Utica Zoological Society ($3.9m) and Stray Cat Alliance ($3.9m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 9.2% and program service revenue 76% of the total. Compensation of current officers, directors and key employees was $321k (6.7% of expenses). At year end it held assets of $12.2m against liabilities of $1.2m, net assets of $11.0m. It reported 78 employees.