Buffalos Concerned for Youth Inc

Analysis

Buffalos Concerned for Youth Inc is a registered charity in United States, based in Salisbury, NC. It received its IRS tax-exemption ruling in April 2008, 18 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, Buffalos Concerned for Youth Inc reported income of $66k and spending of $89k, spending 136% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $82k to $66k (-20%), an average of -20% a year. The sharpest change came in the year to December 2023, when income dropped by 20%. Over the whole period it spent 100% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Buffalos Concerned for Youth Inc sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 24th percentile within NC. Charities of a similar size with the same main cause include Multisportmadness Kids Inc ($66k), The Willie and Sandra McBride Foundation Inc ($66k) and Famfa Inc ($66k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $770 against liabilities of $0, net assets of $770.