Buffalo & Erie County Public Library

Analysis

Buffalo & Erie County Public Library is a registered charity in United States, based in Buffalo, NY. It received its IRS tax-exemption ruling in December 1996, 30 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Buffalo & Erie County Public Library reported income of $13.1m and spending of $13.5m, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $12.4m to $13.1m (+6.1%), an average of +1.5% a year. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Buffalo & Erie County Public Library sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 94th percentile within NY. Charities of a similar size with the same main cause include Thomas Edison Charter Academy ($13.1m), Miller School of Albermarle ($13.1m) and Equity Now ($13.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $1.5m (11% of expenses). Other salaries and wages came to $5.3m. At year end it held assets of $3.9m against liabilities of $0, net assets of $3.9m. It reported 398 employees.