Niagara Homemaker Services Inc

Analysis

Niagara Homemaker Services Inc is a registered charity in United States, based in Buffalo, NY. It received its IRS tax-exemption ruling in March 1946, 80 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Niagara Homemaker Services Inc reported income of $6.4m and spending of $7.3m, spending 113% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $8.1m to $6.4m (-21%), an average of -5.8% a year. Over the whole period it spent 105% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Niagara Homemaker Services Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 91st percentile within NY. Charities of a similar size with the same main cause include Make-A-Wish Foundation of Missouri and Kansas ($6.4m), Play N Learn Center Inc ($6.4m) and West Side Food Bank a Non-Profit Corporation ($6.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 14% and program service revenue 86% of the total. Other salaries and wages came to $5.0m. At year end it held assets of $2.8m against liabilities of $3.9m, net assets of -$1.0m. It reported 149 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.