Buffalo Evening News Charity Fund

Analysis

Buffalo Evening News Charity Fund is a registered charity in United States, based in Buffalo, NY. It received its IRS tax-exemption ruling in February 1949, 77 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 December 2023, Buffalo Evening News Charity Fund reported income of $191k and spending of $203k, spending 106% of what it took in. Across the 3 years on record, from December 2020 to December 2023, income fell from $203k to $191k (-5.8%), an average of -2.9% a year. The sharpest change came in the year to December 2022, when income dropped by 21%. Over the whole period it spent 105% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Buffalo Evening News Charity Fund sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 50th percentile within NY. Charities of a similar size with the same main cause include Friends of the Charles Paddock Zoo Incorporated ($191k), Midland Teen Court Inc ($191k) and The Hatedust Project Inc ($191k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $144k against liabilities of $13k, net assets of $131k.