Education (B11) IRS Verified DX Registered 990 on File

UNIVERSITY AT BUFFALO FOUNDATION INC

EIN: 16-0865182 · BUFFALO, NY 14226-0900 · United States · FY 2023 Data

3 out of 5 54 / 100 Based on 2+ years of filings

Financial strength (30%) 75/100

Reliability (20%) 55/100

Effectiveness (25%) 83/100

Impact (25%) No data yet

Financial data: FY 2023 · Scored 9/13/2026

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CharityAI™ Score

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Mission Statement

•Manage the university’s endowment, ensuring long-term financial stability and continued growth •Provide resources that facilitate effective recruiting of the best faculty nationally and internationally •Offer a wide range of financial services for various units of UB, streamlining costs and promoting efficiency while improving purchasing power •Secure, develop and manage real property on behalf of UB; the UB Foundation was instrumental in securing the property needed to relocate the UB School of Medicine and Biosciences to downtown Buffalo •Administer thousands of private gifts and grants annually at the behest of donors, ensuring an engaged base of alumni and community supporters, and helping donors achieve their desire to support UB •Generate resources, acquire state-of-the-art equipment and fulfill other critical rolls in support of scholarship and research at UB, furthering UB’s reputation as an international leader in higher education •Enhance public service initiatives that make Western New York a better place to live

Financial Overview — FY 2023

$82.8M

Total Revenue

$77.9M

Total Expenses

$1123.1M

Net Assets

Employees

Revenue Sources

Expense Breakdown

Program Expense Ratio 100.0%

Fundraising Efficiency N/A

Operating Reserve 172.95x

Liability-to-Asset 17.9%

Revenue Diversification 56.8%

Compared with Peers

FY 2023

Compared with 3,577 similar organizations (United States, Education, $10M–$100M in expenses), FY 2023.

This organization Middle half of peers (P25–P75) Peer median

Ratio	This org	Peer median	Position (P10 → P90)
Program expense ratio Program expenses / total expenses · higher is better	100.0%	84.4%	P10P90	Top quarter
Admin expense ratio Management and general / total expenses · lower is better	0.1%	13.5%	P10P90	Top quarter
Fundraising expense ratio Fundraising expenses / total expenses · lower is better	0.0%	0.7%	P10P90	Top quarter
Operating reserve Months of expenses covered by net assets · higher is better	173.0 mo	10.9 mo	P10P90	Top quarter
Liabilities to assets Total liabilities / total assets · lower is better	17.9%	34.2%	P10P90	Above median
Revenue concentration Share of revenue from the largest source · lower is better	56.8%	87.3%	P10P90	Top quarter
Revenue growth Year over year revenue growth	77.6%	4.8%	P10P90
Expense growth Year over year expense growth	2.0%	8.5%	P10P90
Surplus margin Surplus as a share of revenue	5.8%	2.7%	P10P90

Financial History

Year	Revenue	Expenses	Net Assets	Program %
2023	$82.8M	$77.9M	$1123.1M	100.0%
2022	$46.6M	$76.4M	$1039.2M	99.9%
2021	$112.6M	$69.5M	N/A	—

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Organization Details

EIN: 16-0865182
State: NY
City: BUFFALO
ZIP: 14226-0900
Classification: B11
Category: Education
Rating: 3★
Coverage: A
Last Updated: Aug 2026
IRS Ruling Year: 1846
Foundation Code: 15
Form 990: On File

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CharityAI™ rates charities from 0 to 100 using public filings (IRS Form 990 and the equivalent registries outside the US) together with the information the charity itself provides on DonationX. Ratings are recalculated every quarter, without human bias, and shown as stars.

Four pillars

Financial strength30%

Program expense ratio, fundraising efficiency, operating reserves, liabilities and revenue diversification, compared with similar organizations.

Reliability20%

Standing with the registry, filing history, verification and how complete the profile is.

Effectiveness25%

How much goes to programs and how consistently the organization delivers them.

Impact25%

The outcomes the charity reports on DonationX: people served, cost per service and results.

Stars

★★★★★ 80–100 ★★★★☆ 60–79 ★★★☆☆ 40–59 ★★☆☆☆ 20–39 ★☆☆☆☆ 1–19

A pillar with no data counts as zero. Without impact metrics the score is capped at 59 (three stars): only the charity can supply that data.
The coverage grade (A to D) says how much filing data the score rests on; NONE means there is not enough to rate.
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"Compared with peers" places the charity's key ratios against organizations of the same country, sector and size.

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