Villa Maria College of Buffalo

Analysis

Villa Maria College of Buffalo is a registered charity in United States, based in Buffalo, NY. It received its IRS tax-exemption ruling in June 1966, 60 years ago. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Villa Maria College of Buffalo reported income of $14.2m and spending of $15.4m, spending 108% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $12.7m to $14.2m (+12%), an average of +3.0% a year. Over the whole period it spent 101% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Villa Maria College of Buffalo sits at the 97th percentile: it is larger than about 97% 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 Catholic Community Foundation of Santa Clara County ($14.2m), Any Baby Can of Austin Inc ($14.3m) and Islamic Services Foundation ($14.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 20% and program service revenue 77% of the total. Compensation of current officers, directors and key employees was $798k (5.2% of expenses). Other salaries and wages came to $4.4m. It paid $25k in professional fundraising fees. At year end it held assets of $8.9m against liabilities of $2.9m, net assets of $6.0m. It reported 241 employees.