Buffalo Scholarships Foundation Inc

Analysis

Buffalo Scholarships Foundation Inc is a registered charity in United States, based in Middleton, FL. It received its IRS tax-exemption ruling in June 2006, 20 years ago. Its declared purposes cover education, which this site groups under education and training. 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 Scholarships Foundation Inc reported income of $861k and spending of $597k, leaving 31% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $496k to $861k (+74%), an average of +15% a year. The sharpest change came in the year to December 2021, when income rose by 157%. Over the whole period it spent 34% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Buffalo Scholarships Foundation Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 80th percentile within FL. Charities of a similar size with the same main cause include Gloria Dei Montessori School ($861k), Bethlehem Christian Pre School Inc ($862k) and Folds of Honor Foundation ($861k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 74% of the total. At year end it held assets of $5.6m against liabilities of $0, net assets of $5.6m.