Buffalo Regals Edp Fund Inc

Analysis

Buffalo Regals Edp Fund Inc is a registered charity in United States, based in Cheektowaga, NY. It received its IRS tax-exemption ruling in November 2012, 14 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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 June 2023, Buffalo Regals Edp Fund Inc reported income of $218k and spending of $428k, spending 196% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $212k to $218k (+2.9%), an average of +0.7% a year. The sharpest change came in the year to June 2022, when income rose by 140%. Over the whole period it spent 97% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Buffalo Regals Edp Fund Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 53rd percentile within NY. Charities of a similar size with the same main cause include Metropolitan Tennis and Education Group ($218k), Integrityfirst Inc ($218k) and Havre Youth Baseball Association ($218k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 15% and program service revenue 86% of the total. At year end it held assets of $114k against liabilities of $0, net assets of $114k.