Tru-Way Community Center Inc

Analysis

Tru-Way Community Center Inc is a registered charity in United States, based in Buffalo, NY. It received its IRS tax-exemption ruling in September 2000, 26 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 (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 2024, Tru-Way Community Center Inc reported income of $108k and spending of $145k, spending 134% of what it took in. Across the 2 years on record, from March 2023 to March 2024, income fell from $138k to $108k (-22%), an average of -22% a year. The sharpest change came in the year to March 2024, when income dropped by 22%. Over the whole period it spent 113% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Tru-Way Community Center Inc sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 38th percentile within NY. Charities of a similar size with the same main cause include Jamestown Area Midget Football Inc ($108k), Eritrean American Youth Sports Association of Maryland Inc ($108k) and Park Ridge Lacrosse ($108k).

On its Form 990-EZ for the period ending March 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $64 against liabilities of $0, net assets of $64.