University at Buffalo Medical Student Polity Inc
Analysis
University at Buffalo Medical Student Polity Inc is a registered charity in United States, based in Buffalo, NY. It received its IRS tax-exemption ruling in January 2021, 5 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 July 2024, University at Buffalo Medical Student Polity Inc reported income of $463k and spending of $415k, spending 90% of its income. Across the 4 years on record, from July 2021 to July 2024, income grew from $269k to $463k (+72%), an average of +20% a year. The sharpest change came in the year to July 2022, when income rose by 25%. Over the whole period it spent 88% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, University at Buffalo Medical Student Polity Inc sits at the 67th percentile: it is larger than about 67% 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 Poway High Foundation ($463k), Spring Township Library Association ($463k) and STS Foundation Inc ($463k).
On its Form 990 for the period ending July 2024, revenue came from contributions and grants 13% and program service revenue 90% of the total. At year end it held assets of $486k against liabilities of $88k, net assets of $398k.
Income and spending
Where the income comes from
- Contributions & grants 13%
- Program services 87%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Poway High Foundation | Poway | $463k |
| Spring Township Library Association | Reading | $463k |
| STS Foundation Inc | Southbury | $463k |
| Southern Initiative of the Algebra Project Inc | Summerville | $463k |