Is Community Health Center Of Buffalo Inc Legit?

Quick charity verification for Community Health Center Of Buffalo Inc (EIN: 161566929)

Verdict: Community Health Center Of Buffalo Inc appears trustworthy

92/100Mission Score
$16.9MRevenue
$14.8MAssets
1Red Flags
4Strengths

Red Flags

Strengths

AI Transparency Report

The Community Health Center Of Buffalo Inc demonstrates a consistent commitment to its mission, as evidenced by its financial filings. Over the past several years, the organization has generally maintained a healthy asset base, reaching $16,510,012 in 2023. While expenses have occasionally exceeded revenue, such as in 2023 where expenses were $19,283,758 against revenues of $18,505,836, this is not uncommon for growing healthcare providers and does not immediately signal distress given their substantial assets. The consistent reporting of 0% officer compensation across all available filings suggests a strong focus on directing funds towards programmatic activities rather than executive salaries, which is a positive indicator of financial stewardship and transparency. The organization's financial health appears stable, with assets consistently exceeding liabilities. For instance, in 2023, assets were $16,510,012 compared to liabilities of $4,242,094, indicating a strong balance sheet. The growth in revenue from $10,930,826 in 2015 to $18,505,836 in 2023 also points to an expanding operational capacity and reach within the community. The absence of reported officer compensation is a significant factor in assessing their spending efficiency and transparency, suggesting that the organization prioritizes its mission over high executive pay.

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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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