Just Buffalo Literary Center Inc

Analysis

Just Buffalo Literary Center Inc is a registered charity in United States, based in Buffalo, NY. It received its IRS tax-exemption ruling in June 1994, 32 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 June 2023, Just Buffalo Literary Center Inc reported income of $1.0m and spending of $1.2m, spending 111% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $952k to $1.0m (+9.5%), an average of +3.1% a year. Over the whole period it spent 94% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Just Buffalo Literary Center Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 76th percentile within NY. Charities of a similar size with the same main cause include Maine Inside Out ($1.0m), Peale Center for Baltimore History and Architecture Inc ($1.0m) and Atlantic Classical Orchestra Inc ($1.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 74% and program service revenue 24% of the total. Compensation of current officers, directors and key employees was $166k (14% of expenses). Other salaries and wages came to $231k. At year end it held assets of $1.3m against liabilities of $450k, net assets of $848k. It reported 7 employees.