South Buffalo Charter School

Analysis

South Buffalo Charter School is a registered charity in United States, based in Buffalo, NY. It received its IRS tax-exemption ruling in August 2001, 25 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2023, South Buffalo Charter School reported income of $15.6m and spending of $14.1m, spending 90% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $14.4m to $15.6m (+8.3%), an average of +2.7% a year. The sharpest change came in the year to June 2022, when income rose by 15%. Over the whole period it spent 84% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, South Buffalo Charter School sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 95th percentile within NY. Charities of a similar size with the same main cause include McKinney Christian School ($15.6m), Trustees of the Public Library of the City of Boston ($15.6m) and Stemcivics Inc ($15.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 17% and program service revenue 78% of the total. Compensation of current officers, directors and key employees was $318k (2.3% of expenses). Other salaries and wages came to $6.8m. At year end it held assets of $35.0m against liabilities of $1.7m, net assets of $33.3m. It reported 179 employees.