Buffalo Turners Inc

Analysis

Buffalo Turners Inc is a registered charity in United States, based in Buffalo, NY. It received its IRS tax-exemption ruling in August 2000, 26 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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, Buffalo Turners Inc reported income of $387k and spending of $369k, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $342k to $387k (+13%), an average of +3.1% a year. The sharpest change came in the year to December 2021, when income rose by 51%. Over the whole period it spent 106% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Buffalo Turners Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 62nd percentile within NY. Charities of a similar size with the same main cause include Kentucky Basketball Hall of Fame ($387k), Stearns County Fair Association ($387k) and Ac Inspire ($387k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.1% and program service revenue 97% of the total. Compensation of current officers, directors and key employees was $42k (11% of expenses). Other salaries and wages came to $103k. At year end it held assets of $415k against liabilities of $0, net assets of $415k. It reported 29 employees.