Catholic Charities of Buffalo

Analysis

Catholic Charities of Buffalo is a registered charity in United States, based in Buffalo, NY. It received its IRS tax-exemption ruling in March 1946, 80 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 June 2023, Catholic Charities of Buffalo reported income of $27.7m and spending of $28.4m, spending 103% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $29.6m to $27.7m (-6.5%), an average of -1.7% a year. The sharpest change came in the year to June 2023, when income dropped by 17%. Over the whole period it spent 101% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Catholic Charities of Buffalo sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 97th percentile within NY. Charities of a similar size with the same main cause include American Friends of Leket Israel Inc ($27.6m), Roswell Park Alliance Foundation ($27.7m) and Liberty Hill Foundation ($27.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 89% and program service revenue 5.9% of the total. Compensation of current officers, directors and key employees was $358k (1.3% of expenses). Other salaries and wages came to $12.6m. At year end it held assets of $43.1m against liabilities of $8.4m, net assets of $34.7m. It reported 372 employees.