Buffalo Philharmonic Chorus

Analysis

Buffalo Philharmonic Chorus is a registered charity in United States, based in Buffalo, NY. It received its IRS tax-exemption ruling in March 1975, 51 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 2023, Buffalo Philharmonic Chorus reported income of $244k and spending of $280k, spending 115% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $230k to $244k (+6.2%), an average of +1.5% a year. The sharpest change came in the year to June 2022, when income rose by 73%. Over the whole period it spent 95% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Buffalo Philharmonic Chorus sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 55th percentile within NY. Charities of a similar size with the same main cause include Little League Baseball Inc ($244k), Tidewater Christian Service Camp ($244k) and The Sister Stella Foundation for St Paul the Apostle School ($244k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 58% and program service revenue 35% of the total. Compensation of current officers, directors and key employees was $60k (21% of expenses). At year end it held assets of $1.2m against liabilities of $91k, net assets of $1.2m. It reported 3 employees.