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Voice Buffalo Inc

RegisteredEIN 16-1502516Buffalo, NYCommunity and economic development
Income$498k2023-12
Spending$735ksame year
Spent / received97%5-year average
Size in its cause67th pctCommunity and economic development
Exempt since1996Publicly supported organisat
Employees11latest return

Analysis

Voice Buffalo Inc is a registered charity in United States, based in Buffalo, NY. It received its IRS tax-exemption ruling in August 1996, 30 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Voice Buffalo Inc reported income of $498k and spending of $735k, spending 148% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $349k to $498k (+43%), an average of +9.3% a year. The sharpest change came in the year to December 2022, when income rose by 231%. Over the whole period it spent 97% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Voice Buffalo 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 70th percentile, and in the 66th percentile within NY. Charities of a similar size with the same main cause include Wpda Inc ($498k), Fort Street Mall Business Improvement District Association ($498k) and Cristo Rey Research Triangle Corporate Work Study Program Inc ($497k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 82% and program service revenue 18% of the total. Other salaries and wages came to $439k. At year end it held assets of $357k against liabilities of $108k, net assets of $248k. It reported 11 employees.

Income and spending

$0$245k$490k$735k$980k2019 Income: $348,9112019 Spending: $452,52620192020 Income: $279,2802020 Spending: $241,31220202021 Income: $296,0482021 Spending: $341,09920212022 Income: $979,5232022 Spending: $551,03820222023 Income: $497,7122023 Spending: $735,3732023
IncomeSpending

Where the income comes from

  • Contributions & grants 82%
  • Program services 18%
  • Other 0.0%

Similar-sized charities, same cause

CharityLocationIncome
Wpda IncWinston Salem$498k
Fort Street Mall Business Improvement District AssociationHonolulu$498k
Cristo Rey Research Triangle Corporate Work Study Program IncDurham$497k
Charleston Area Justice MinistryN Charleston$498k