Buffalo Senior Center Inc

Analysis

Buffalo Senior Center Inc is a registered charity in United States, based in Buffalo, WY. It received its IRS tax-exemption ruling in June 1977, 49 years ago. 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 September 2023, Buffalo Senior Center Inc reported income of $1.6m and spending of $1.5m, spending 97% of its income. Across the 4 years on record, from September 2020 to September 2023, income grew from $1.1m to $1.6m (+47%), an average of +14% a year. The sharpest change came in the year to September 2023, when income rose by 41%. Over the whole period it spent 101% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Buffalo Senior Center Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 89th percentile within WY. Charities of a similar size with the same main cause include Albany State University Foundation Inc ($1.6m), St Marthas Housing Inc ($1.6m) and Christian Hope Association ($1.6m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 81% and program service revenue 19% of the total. Other salaries and wages came to $933k. At year end it held assets of $390k against liabilities of $34k, net assets of $356k. It reported 40 employees.