International Institute of Buffalo Inc
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
Where the income comes from
- Contributions & grants 75%
- Program services 24%
- Other 1.5%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Society of St Vincent de Paul Archdiocese of Chicago | Orland Park | $7.2m |
| Fort Worth Hope Center | Arlington | $7.2m |
| Healthcare for the Homeless-Houston | Houston | $7.2m |
| Masonic Home for Children at Oxford | Oxford | $7.2m |