Buffalo Gay Mens Chorus Inc

Analysis

Buffalo Gay Mens Chorus Inc is a registered charity in United States, based in Buffalo, NY. It received its IRS tax-exemption ruling in February 2002, 24 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 2024, Buffalo Gay Mens Chorus Inc reported income of $68k and spending of $59k, spending 86% of its income. Across the 4 years on record, from June 2021 to June 2024, income grew from $35k to $68k (+97%), an average of +25% a year. The sharpest change came in the year to June 2023, when income rose by 52%. Over the whole period it spent 98% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Buffalo Gay Mens Chorus Inc sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 28th percentile within NY. Charities of a similar size with the same main cause include Society for the Preservation and Promotion of African American Cult ($68k), Denver Digerati ($68k) and Shelburne Community School Council Incorporated ($68k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 42% and program service revenue 30% of the total. At year end it held assets of $28k against liabilities of $0, net assets of $28k.