Friends of Buffalo Chesterton Academy Inc

Analysis

Friends of Buffalo Chesterton Academy Inc is a registered charity in United States, based in Bowmansville, NY. It received its IRS tax-exemption ruling in June 2014, 12 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Friends of Buffalo Chesterton Academy Inc reported income of $153k and spending of $204k, spending 133% of what it took in. Across the 3 years on record, from June 2022 to June 2024, income grew from $139k to $153k (+9.9%), an average of +4.8% a year. The sharpest change came in the year to June 2023, when income rose by 33%. Over the whole period it spent 127% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Friends of Buffalo Chesterton Academy Inc sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 46th percentile within NY. Charities of a similar size with the same main cause include Page High School Band Boosters ($153k), Refugee Youth Solidarity Through Education ($153k) and Sullivan Scholars Foundation ($153k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 62% of the total. At year end it held assets of $40k against liabilities of $43k, net assets of -$2,341.

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.