Buffalo State College Foundation Housing Corporation

Analysis

Buffalo State College Foundation Housing Corporation is a registered charity in United States, based in Buffalo, NY. It received its IRS tax-exemption ruling in April 2009, 17 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Buffalo State College Foundation Housing Corporation reported income of $5.4m and spending of $3.6m, leaving 33% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $5.2m to $5.4m (+3.9%), an average of +1.0% a year. The sharpest change came in the year to June 2023, when income rose by 23%. Over the whole period it spent 89% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Buffalo State College Foundation Housing Corporation sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 90th percentile within NY. Charities of a similar size with the same main cause include Hilltop Preparatory School Inc ($5.4m), The California Education Partners ($5.4m) and North Park Elementary School Association ($5.4m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 98% of the total. At year end it held assets of $40.7m against liabilities of $36.7m, net assets of $3.9m.