Northwest Buffalo Community Dev

Analysis

Northwest Buffalo Community Dev is a registered charity in United States, based in Buffalo, NY. It received its IRS tax-exemption ruling in November 1982, 44 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Northwest Buffalo Community Dev reported income of $3.2m and spending of $2.9m, spending 89% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $3.5m to $3.2m (-8.1%), an average of -2.1% a year. The sharpest change came in the year to December 2020, when income dropped by 23%. Over the whole period it spent 94% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Northwest Buffalo Community Dev sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 86th percentile within NY. Charities of a similar size with the same main cause include The Jesse Tree of Idaho ($3.2m), Casa de LA Familia ($3.2m) and North Anoka County Emergency Foodshelf ($3.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 85% and program service revenue 15% of the total. Compensation of current officers, directors and key employees was $287k (10% of expenses). Other salaries and wages came to $1.4m. At year end it held assets of $2.2m against liabilities of $103k, net assets of $2.1m. It reported 251 employees.