Buffalo Geological Society Inc

Analysis

Buffalo Geological Society Inc is a registered charity in United States, based in Buffalo, NY. It received its IRS tax-exemption ruling in March 2004, 22 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 December 2023, Buffalo Geological Society Inc reported income of $58k and spending of $45k, leaving 22% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $45k to $58k (+27%), an average of +28% a year. The sharpest change came in the year to December 2023, when income rose by 27%. Over the whole period it spent 76% 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 Geological Society Inc sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 24th percentile within NY. Charities of a similar size with the same main cause include Lake County Theatre Company ($58k), Palmdale Repertory Theatre Group ($58k) and Sagadahoc Preservation Inc ($58k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 94% of the total. At year end it held assets of $52k against liabilities of $0, net assets of $52k.