Buffalo Urban League Inc

Analysis

Buffalo Urban League Inc is a registered charity in United States, based in Buffalo, NY. It received its IRS tax-exemption ruling in August 1952, 74 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 March 2023, Buffalo Urban League Inc reported income of $15.9m and spending of $9.9m, leaving 38% of income unspent that year. Across the 4 years on record, from March 2020 to March 2023, income grew from $6.7m to $15.9m (+136%), an average of +33% a year. The sharpest change came in the year to March 2023, when income rose by 92%. Over the whole period it spent 82% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Buffalo Urban League Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 95th percentile within NY. Charities of a similar size with the same main cause include Communuity Action Inc of Central Texas ($15.9m), Star Inc Lighting the Way ($16.0m) and Choose Love Inc ($15.9m).

On its Form 990 for the period ending March 2023, revenue came from contributions and grants 51% and program service revenue 45% of the total. Compensation of current officers, directors and key employees was $142k (1.4% of expenses). Other salaries and wages came to $6.2m. At year end it held assets of $7.5m against liabilities of $845k, net assets of $6.7m. It reported 798 employees.