Resource Council of Wny Inc

Analysis

Resource Council of Wny Inc is a registered charity in United States, based in Buffalo, NY. It received its IRS tax-exemption ruling in January 2020, 6 years ago. Its declared purposes cover youth development, which this site groups under children and youth 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, Resource Council of Wny Inc reported income of $1.0m and spending of $993k, spending 99% of its income. Across the 6 years on record, from December 2018 to December 2023, income grew from $300k to $1.0m (+234%), an average of +27% a year. The sharpest change came in the year to December 2022, when income rose by 145%. Over the whole period it spent 92% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Resource Council of Wny 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 79th percentile, and in the 75th percentile within NY. Charities of a similar size with the same main cause include Epicenter of Monterey ($1.0m), Fairhope-Point Clear Rotary Youth Programs Inc ($1.0m) and Cambridge Community Activities Program Inc ($1.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 75% and program service revenue 23% of the total. Compensation of current officers, directors and key employees was $98k (9.9% of expenses). Other salaries and wages came to $331k. At year end it held assets of $465k against liabilities of $232k, net assets of $233k. It reported 45 employees.