Buchanan Center Inc

Analysis

Buchanan Center Inc is a registered charity in United States, based in Topeka, KS. It received its IRS tax-exemption ruling in August 1982, 44 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Buchanan Center Inc reported income of $54k and spending of $56k, spending 102% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $53k to $54k (+3.2%), an average of +3.2% a year. Over the whole period it spent 104% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Buchanan Center Inc sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 19th percentile within KS. Charities of a similar size with the same main cause include Open Door Family Life Center Inc ($54k), Howard County Police Foundation Inc ($54k) and Revelas Family Foundation Inc ($54k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 3.7% and program service revenue 96% of the total. At year end it held assets of $231k against liabilities of $80k, net assets of $152k.