Is Buffalo Laborers Welfare Fund Legit?

Quick charity verification for Buffalo Laborers Welfare Fund (EIN: 160806902)

Verdict: Buffalo Laborers Welfare Fund appears trustworthy

95/100Mission Score
$11.3MRevenue
$23.1MAssets
1Red Flags
4Strengths

Red Flags

Strengths

AI Transparency Report

The Buffalo Laborers Welfare Fund demonstrates consistent financial stability with annual revenues consistently exceeding expenses over the past several years, as seen in the 202306 period where revenue was $10,356,203 against expenses of $9,515,463. The organization maintains a healthy asset base, growing from $16,827,847 in 2014 to $21,065,269 in 2023, indicating sound financial management and accumulation of resources. Liabilities remain very low relative to assets, suggesting minimal financial risk. The absence of reported officer compensation across all available filings points to a potentially efficient operational structure, though further detail on administrative costs would be beneficial to fully assess spending efficiency. Overall, the fund appears to be well-managed and financially robust, consistently fulfilling its purpose without significant financial strain.

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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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