GWBN Inc

Analysis

GWBN Inc is a registered charity in United States, based in Buffalo, NY. It received its IRS tax-exemption ruling in May 2007, 19 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, GWBN Inc reported income of $165k and spending of $138k, spending 84% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $166k to $165k (-0.7%), an average of -0.7% a year. Over the whole period it spent 74% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, GWBN Inc sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 47th percentile within NY. Charities of a similar size with the same main cause include Bronxville Womens Club Inc ($165k), West Bend Economic Development Corp Oration ($165k) and Association of Forensic Quality Assurance Managers ($165k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 75% and program service revenue 6.5% of the total. At year end it held assets of $190k against liabilities of $0, net assets of $190k.