Childrens Place of Buffalo and Erie County Inc

Analysis

Childrens Place of Buffalo and Erie County Inc is a registered charity in United States, based in Buffalo, NY. It received its IRS tax-exemption ruling in April 1987, 39 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 December 2023, Childrens Place of Buffalo and Erie County Inc reported income of $447k and spending of $470k, spending 105% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $386k to $447k (+16%), an average of +3.8% a year. The sharpest change came in the year to December 2020, when income dropped by 35%. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Childrens Place of Buffalo and Erie County Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 64th percentile within NY. Charities of a similar size with the same main cause include Lenawee Symphony Orchestra Society Inc ($447k), Concept Therapy Institute Inc ($447k) and The Arc of Texas ($447k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 20% and program service revenue 80% of the total. Other salaries and wages came to $397k. At year end it held assets of $26k against liabilities of $321, net assets of $25k. It reported 13 employees.