National Buffalo Foundation

Analysis

National Buffalo Foundation is a registered charity in United States, based in Reno, NV. It received its IRS tax-exemption ruling in May 2015, 11 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, National Buffalo Foundation reported income of $364k and spending of $382k, spending 105% of what it took in. Across the 6 years on record, from December 2018 to December 2023, income grew from $114k to $364k (+220%), an average of +26% a year. The sharpest change came in the year to December 2019, when income rose by 269%. Over the whole period it spent 77% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, National Buffalo Foundation sits at the 69th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 69th percentile within NV. Charities of a similar size with the same main cause include Lexington Community Foundation ($363k), United Way of Yuma County Inc ($364k) and Community Foundation of the Klamathbasin ($363k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 102% and program service revenue 2.2% of the total. At year end it held assets of $1.4m against liabilities of $0, net assets of $1.4m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.