South Buffalo Community Association Inc

Analysis

South Buffalo Community Association Inc is a registered charity in United States, based in Buffalo, NY. It received its IRS tax-exemption ruling in June 1976, 50 years ago. 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 December 2023, South Buffalo Community Association Inc reported income of $531k and spending of $714k, spending 135% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $306k to $531k (+73%), an average of +15% a year. The sharpest change came in the year to December 2022, when income rose by 34%. Over the whole period it spent 121% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, South Buffalo Community Association Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 67th percentile within NY. Charities of a similar size with the same main cause include Triangle Beagle Rescue of NC Inc ($531k), Hialco Oic Housing Assistance Inc ($531k) and Tthi of New England Inc ($531k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 86% of the total. Compensation of current officers, directors and key employees was $69k (9.7% of expenses). Other salaries and wages came to $352k. At year end it held assets of $221k against liabilities of $58k, net assets of $163k. It reported 12 employees.