Buffalo Niagara Freedom Station Coalition Inc

Analysis

Buffalo Niagara Freedom Station Coalition Inc is a registered charity in United States, based in Buffalo, NY. It received its IRS tax-exemption ruling in January 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 August 2023, Buffalo Niagara Freedom Station Coalition Inc reported income of $247k and spending of $372k, spending 150% of what it took in. Across the 2 years on record, from August 2022 to August 2023, income fell from $499k to $247k (-50%), an average of -50% a year. The sharpest change came in the year to August 2023, when income dropped by 50%. Over the whole period it spent 148% 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 Niagara Freedom Station Coalition Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 55th percentile within NY. Charities of a similar size with the same main cause include Kalashramusa Inc ($247k), Rush Philanthropic Arts Foundation ($247k) and Arteeast Inc ($247k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 99% and program service revenue 1.1% of the total. At year end it held assets of $32k against liabilities of $412k, net assets of -$380k.