University at Buffalo Otolaryngology Inc

Analysis

University at Buffalo Otolaryngology Inc is a registered charity in United States, based in Buffalo, NY. It received its IRS tax-exemption ruling in June 2004, 22 years ago. Its declared purposes cover education, which this site groups under education and training. 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 December 2023, University at Buffalo Otolaryngology Inc reported income of $5.5m and spending of $5.3m, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $4.3m to $5.5m (+29%), an average of +6.6% a year. The sharpest change came in the year to December 2021, when income rose by 29%. Over the whole period it spent 99% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, University at Buffalo Otolaryngology Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 90th percentile within NY. Charities of a similar size with the same main cause include Indianapolis Public Schools Education Foundation Inc ($5.5m), Brashier Middle College Charter High School Inc ($5.5m) and Orchard Foundation ($5.5m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $2.4m (45% of expenses). Other salaries and wages came to $729k. At year end it held assets of $1.7m against liabilities of $962k, net assets of $742k. It reported 24 employees.