Niagara Falls Underground Railroad Heritage Commission Inc

Analysis

Niagara Falls Underground Railroad Heritage Commission Inc is a registered charity in United States, based in Niagara Falls, NY. It received its IRS tax-exemption ruling in March 2011, 15 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Niagara Falls Underground Railroad Heritage Commission Inc reported income of $457k and spending of $744k, spending 163% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $159k to $457k (+188%), an average of +30% a year. The sharpest change came in the year to December 2022, when income rose by 340%. Over the whole period it spent 91% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Niagara Falls Underground Railroad Heritage Commission Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 65th percentile within NY. Charities of a similar size with the same main cause include Lake View Foundation ($457k), Rural Preservation Company of Clinton County Inc ($458k) and Assistance League of Fresno ($457k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 60% and program service revenue 35% of the total. Other salaries and wages came to $318k. At year end it held assets of $2.6m against liabilities of $190k, net assets of $2.4m. It reported 13 employees.