Niagara Falls Little Theatre Inc

Analysis

Niagara Falls Little Theatre Inc is a registered charity in United States, based in Tonawanda, NY. It received its IRS tax-exemption ruling in June 1965, 61 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending May 2024, Niagara Falls Little Theatre Inc reported income of $212k and spending of $155k, leaving 27% of income unspent that year. Across the 5 years on record, from May 2020 to May 2024, income grew from $94k to $212k (+125%), an average of +22% a year. The sharpest change came in the year to May 2022, when income rose by 151%. Over the whole period it spent 103% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Niagara Falls Little Theatre Inc sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 52nd percentile within NY. Charities of a similar size with the same main cause include Atlanta Regional Council for Higher Education ($212k), Christian Servicemens Centers of America Inc ($212k) and American Health Legal Foundation ($212k).

On its Form 990 for the period ending May 2024, revenue came from contributions and grants 30% and program service revenue 70% of the total. At year end it held assets of $133k against liabilities of $20k, net assets of $113k.