The Bison Childrens Scholarship Fund Inc

Analysis

The Bison Childrens Scholarship Fund Inc is a registered charity in United States, based in Buffalo, NY. It received its IRS tax-exemption ruling in August 1995, 31 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 June 2023, The Bison Childrens Scholarship Fund Inc reported income of $5.3m and spending of $5.4m, spending 101% of its income. Across the 4 years on record, from June 2020 to June 2023, income fell from $7.8m to $5.3m (-32%), an average of -12% a year. The sharpest change came in the year to June 2023, when income dropped by 18%. Over the whole period it spent 67% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, The Bison Childrens Scholarship Fund Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 90th percentile within NY. Charities of a similar size with the same main cause include Fellowship Educational Foundation Inc ($5.3m), Teleios Collaborative Network ($5.3m) and Urban League of Palm Beach County Foundation Inc ($5.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $131k (2.5% of expenses). Other salaries and wages came to $145k. At year end it held assets of $13.7m against liabilities of $31k, net assets of $13.7m. It reported 4 employees.