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International Institute of Buffalo Inc

RegisteredEIN 16-0743052Buffalo, NYPoverty relief
Income$7.2m2023-10
Spending$7.1msame year
Spent / received97%5-year average
Size in its cause93rd pctPoverty relief
Exempt since1954Publicly supported organisat
Employees106latest return

Analysis

International Institute of Buffalo Inc is a registered charity in United States, based in Buffalo, NY. It received its IRS tax-exemption ruling in August 1954, 72 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 October 2023, International Institute of Buffalo Inc reported income of $7.2m and spending of $7.1m, spending 99% of its income. Across the 5 years on record, from October 2019 to October 2023, income grew from $4.2m to $7.2m (+71%), an average of +14% a year. The sharpest change came in the year to October 2022, when income rose by 32%. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, International Institute of Buffalo Inc sits at the 93rd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 92nd percentile within NY. Charities of a similar size with the same main cause include Society of St Vincent de Paul Archdiocese of Chicago ($7.2m), Fort Worth Hope Center ($7.2m) and Healthcare for the Homeless-Houston ($7.2m).

On its Form 990 for the period ending October 2023, revenue came from contributions and grants 75% and program service revenue 24% of the total. Compensation of current officers, directors and key employees was $132k (1.9% of expenses). Other salaries and wages came to $3.1m. At year end it held assets of $4.9m against liabilities of $870k, net assets of $4.0m. It reported 106 employees.

Income and spending

$0$1.8m$3.6m$5.4m$7.2m2019 Income: $4,202,1852019 Spending: $4,058,18520192020 Income: $4,277,4002020 Spending: $4,184,88420202021 Income: $5,016,7142021 Spending: $4,653,58420212022 Income: $6,632,4832022 Spending: $6,383,33620222023 Income: $7,176,7072023 Spending: $7,085,6052023
IncomeSpending

Where the income comes from

  • Contributions & grants 75%
  • Program services 24%
  • Other 1.5%

Similar-sized charities, same cause

CharityLocationIncome
Society of St Vincent de Paul Archdiocese of ChicagoOrland Park$7.2m
Fort Worth Hope CenterArlington$7.2m
Healthcare for the Homeless-HoustonHouston$7.2m
Masonic Home for Children at OxfordOxford$7.2m