Buffalo Area Engineering Awareness for Minorities Inc C/O Suny Ab

Analysis

Buffalo Area Engineering Awareness for Minorities Inc C/O Suny Ab is a registered charity in United States, based in Buffalo, NY. It received its IRS tax-exemption ruling in September 1986, 40 years ago. 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 November 2023, Buffalo Area Engineering Awareness for Minorities Inc C/O Suny Ab reported income of $163k and spending of $129k, leaving 21% of income unspent that year. Across the 2 years on record, from November 2022 to November 2023, income grew from $89k to $163k (+83%), an average of +83% a year. The sharpest change came in the year to November 2023, when income rose by 83%. Over the whole period it spent 90% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Buffalo Area Engineering Awareness for Minorities Inc C/O Suny Ab sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 47th percentile within NY. Charities of a similar size with the same main cause include Georgia Youth Science & Technology Center Inc ($163k), Columbia Public Library Association ($163k) and Alano Society of Minneapolis Inc ($163k).

On its Form 990-EZ for the period ending November 2023, revenue came from contributions and grants 74% of the total. At year end it held assets of $105k against liabilities of $0, net assets of $105k.