Buffalo Rotary Foundation Inc

Analysis

Buffalo Rotary Foundation Inc is a registered charity in United States, based in Buffalo, NY. It received its IRS tax-exemption ruling in October 1971, 55 years ago. 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 June 2024, Buffalo Rotary Foundation Inc reported income of $63k and spending of $86k, spending 137% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income fell from $131k to $63k (-52%), an average of -14% a year. The sharpest change came in the year to June 2020, when income dropped by 55%. Over the whole period it spent 149% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Buffalo Rotary Foundation Inc sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 26th percentile within NY. Charities of a similar size with the same main cause include Shelton Pre-School Association ($63k), PTA New Jersey Congress of Parents & Teachers ($63k) and Lake County Humane Society ($63k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 52% of the total. At year end it held assets of $1.2m against liabilities of $3,750, net assets of $1.1m.

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.