Great Falls Council Inc

Analysis

Great Falls Council Inc is a registered charity in United States, based in Buffalo, NY. It received its IRS tax-exemption ruling in November 1965, 61 years ago. 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, Great Falls Council Inc reported income of $1.6m and spending of $1.8m, spending 115% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $2.6m to $1.6m (-38%), an average of -11% a year. The sharpest change came in the year to December 2022, when income rose by 108%. Over the whole period it spent 81% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Great Falls Council Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 80th percentile within NY. Charities of a similar size with the same main cause include East Bay Community Development Corporation ($1.6m), Milwaukee Homeless Veterans Initiative Inc ($1.6m) and New Jersey Primary Care Association Inc ($1.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 15% and program service revenue 53% of the total. Compensation of current officers, directors and key employees was $170k (9.3% of expenses). Other salaries and wages came to $582k. At year end it held assets of $10.2m against liabilities of $2.8m, net assets of $7.4m. It reported 41 employees.