Buffalo Lighthouse Association Inc

Analysis

Buffalo Lighthouse Association Inc is a registered charity in United States, based in Orchard Park, NY. It received its IRS tax-exemption ruling in August 1986, 40 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, Buffalo Lighthouse Association Inc reported income of $311k and spending of $60k, leaving 81% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $882k to $311k (-65%), an average of -23% a year. The sharpest change came in the year to December 2022, when income rose by 119%. Over the whole period it spent 91% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Buffalo Lighthouse Association Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 59th percentile within NY. Charities of a similar size with the same main cause include Los Gatos Parent-Nursery School ($311k), Good Samaritan of Tullahoma Incorporated ($312k) and Rotary Club of Saugatuck-Douglas ($311k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% and program service revenue 0.2% of the total. At year end it held assets of $614k against liabilities of $157k, net assets of $457k.