Himalayan Institute of Buffalo Inc

Analysis

Himalayan Institute of Buffalo Inc is a registered charity in United States, based in Buffalo, NY. It received its IRS tax-exemption ruling in June 1980, 46 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a suspense under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Himalayan Institute of Buffalo Inc reported income of $208k and spending of $192k, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $178k to $208k (+17%), an average of +3.9% a year. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Himalayan Institute of Buffalo Inc sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 52nd percentile within NY. Charities of a similar size with the same main cause include Texas Prader Willi Association ($208k), Restoration Ministries ($208k) and Safely Somewhere Foundation ($208k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 10% and program service revenue 81% of the total. Other salaries and wages came to $106k. At year end it held assets of $295k against liabilities of $2,934, net assets of $292k. It reported 6 employees.