Buf Health and Human Services Corporation Inc

Analysis

Buf Health and Human Services Corporation Inc is a registered charity in United States, based in Plainfield, NJ. It received its IRS tax-exemption ruling in August 1995, 31 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, Buf Health and Human Services Corporation Inc reported income of $5.2m and spending of $4.7m, spending 91% of its income. Across the 6 years on record, from December 2018 to December 2023, income grew from $4.6m to $5.2m (+14%), an average of +2.7% a year. The sharpest change came in the year to December 2023, when income rose by 19%. Over the whole period it spent 99% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Buf Health and Human Services Corporation Inc sits at the 93rd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 93rd percentile within NJ. Charities of a similar size with the same main cause include Vineland Development Corporation ($5.2m), Kingdom Builders Center of Houston Texas Inc ($5.2m) and Delaware Technology Park Inc ($5.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% and program service revenue 0.7% of the total. Compensation of current officers, directors and key employees was $182k (3.9% of expenses). Other salaries and wages came to $2.7m. At year end it held assets of $7.6m against liabilities of $6.6m, net assets of $991k. It reported 68 employees.