City Honors Foundation

Analysis

City Honors Foundation is a registered charity in United States, based in Buffalo, NY. It received its IRS tax-exemption ruling in February 1997, 29 years ago. Its declared purposes cover education, which this site groups under education and training. 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, City Honors Foundation reported income of $277k and spending of $166k, leaving 40% of income unspent that year. Across the 6 years on record, from December 2018 to June 2023, income grew from $172k to $277k (+61%), an average of +10% a year. The sharpest change came in the year to June 2020, when income rose by 75%. Over the whole period it spent 87% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, City Honors Foundation sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 57th percentile within NY. Charities of a similar size with the same main cause include Central Insurance Companies Educational and Charitable ($276k), Alan B Shepard Middle School Ptso Inc ($277k) and Minnetonka Diamond Club ($276k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $368k against liabilities of $0, net assets of $368k.