Is Buffalo City Cemetery Legit?

Quick charity verification for Buffalo City Cemetery (EIN: 160365720)

Verdict: Buffalo City Cemetery appears trustworthy

90/100Mission Score
$42.8MRevenue
$62.4MAssets
1Red Flags
4Strengths

Red Flags

Strengths

AI Transparency Report

Buffalo City Cemetery demonstrates consistent financial health with a strong asset base and positive net income in most recent years. For the period ending March 2024, the organization reported revenues of $13,597,246 against expenses of $9,574,189, resulting in a surplus. This trend of revenue exceeding expenses is largely consistent across its filing history, indicating sound financial management. The organization's assets have also shown steady growth, increasing from $44,982,249 in 2016 to $58,587,704 in 2024, suggesting effective stewardship of resources. Regarding spending efficiency, the organization consistently spends a significant portion of its budget on its core operations, as evidenced by the positive difference between revenues and expenses. While specific program spending ratios are not detailed in the provided data, the overall financial health suggests that funds are being managed effectively to support its mission. The absence of reported officer compensation across all filings indicates a commitment to minimizing administrative overhead, which is a positive sign for spending efficiency. Transparency is high given the consistent filing of IRS Form 990s over 14 periods. The zero reported officer compensation across all filings is a notable aspect of its financial transparency, indicating that executive leadership is either volunteer-based or compensated through other means not classified as officer compensation, which would warrant further investigation for complete understanding. However, based on the provided data, this suggests a lean administrative structure.

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Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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