State University College at Buffalo Child Day Care Dev Facility Inc

Analysis

State University College at Buffalo Child Day Care Dev Facility Inc is a registered charity in United States, based in Buffalo, NY. It received its IRS tax-exemption ruling in October 1989, 37 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2023, State University College at Buffalo Child Day Care Dev Facility Inc reported income of $909k and spending of $1.1m, spending 117% of what it took in. Across the 5 years on record, from August 2019 to August 2023, income grew from $752k to $909k (+21%), an average of +4.9% a year. The sharpest change came in the year to August 2021, when income rose by 46%. Over the whole period it spent 92% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, State University College at Buffalo Child Day Care Dev Facility Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 74th percentile within NY. Charities of a similar size with the same main cause include The Charles Lea Industrial Corporation ($909k), University of Louisiana at Lafayette Alumni Association Inc ($909k) and Ella Curran Community Food Bank ($909k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 30% and program service revenue 69% of the total. Compensation of current officers, directors and key employees was $66k (6.2% of expenses). Other salaries and wages came to $661k. At year end it held assets of $751k against liabilities of $30k, net assets of $721k. It reported 55 employees.