Parkside Community Association of Buffalo Inc

Analysis

Parkside Community Association of Buffalo Inc is a registered charity in United States, based in Buffalo, NY. It received its IRS tax-exemption ruling in December 1981, 45 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 December 2023, Parkside Community Association of Buffalo Inc reported income of $69k and spending of $63k, spending 91% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $47k to $69k (+48%), an average of +10% a year. The sharpest change came in the year to December 2021, when income rose by 59%. Over the whole period it spent 123% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Parkside Community Association of Buffalo Inc sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 28th percentile within NY. Charities of a similar size with the same main cause include Israel & Sylvia Goldberg Family Foundation ($69k), John & Claudia Holliman Affiliated Fund Oc Community Foundation Inc ($69k) and St Josephs Roman Catholic Benevolent Assn ($69k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 77% of the total. Other salaries and wages came to $12k. At year end it held assets of $147k against liabilities of $88k, net assets of $59k. It reported 2 employees.