Boys & Girls Clubs of Buffalo Inc

Analysis

Boys & Girls Clubs of Buffalo Inc is a registered charity in United States, based in Buffalo, NY. It received its IRS tax-exemption ruling in March 1933, 93 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Boys & Girls Clubs of Buffalo Inc reported income of $3.3m and spending of $3.5m, spending 107% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income fell from $4.0m to $3.3m (-17%), an average of -6.2% a year. The sharpest change came in the year to June 2022, when income dropped by 19%. Over the whole period it spent 97% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Boys & Girls Clubs of Buffalo Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 87th percentile within NY. Charities of a similar size with the same main cause include Boys and Girls Club of El Dorado County Western Slope ($3.3m), Spring of Evolution Inc ($3.3m) and Boy Scouts of America ($3.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 89% and program service revenue 5.1% of the total. Compensation of current officers, directors and key employees was $210k (6.0% of expenses). Other salaries and wages came to $1.8m. At year end it held assets of $4.1m against liabilities of $1.2m, net assets of $3.0m. It reported 155 employees.