Niagara Frontier Industry Education Council Inc

Analysis

Niagara Frontier Industry Education Council Inc is a registered charity in United States, based in Buffalo, NY. It received its IRS tax-exemption ruling in March 1976, 50 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 June 2024, Niagara Frontier Industry Education Council Inc reported income of $102k and spending of $89k, spending 87% of its income. Across the 3 years on record, from June 2022 to June 2024, income grew from $74k to $102k (+38%), an average of +17% a year. The sharpest change came in the year to June 2023, when income rose by 22%. Over the whole period it spent 99% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Niagara Frontier Industry Education Council Inc sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 37th percentile within NY. Charities of a similar size with the same main cause include Downtown Middletown District Management Association Inc ($102k), American Friends of the Cardozo School ($102k) and Colfax Restoration Project Inc ($102k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 75% and program service revenue 9.8% of the total. At year end it held assets of $89k against liabilities of $0, net assets of $89k.