Is Legal Aid Bureau Of Buffalo Inc Legit?

Quick charity verification for Legal Aid Bureau Of Buffalo Inc (EIN: 160743069)

Verdict: Legal Aid Bureau Of Buffalo Inc appears trustworthy

95/100Mission Score
$20.8MRevenue
$9.7MAssets
0Red Flags
5Strengths

No red flags identified.

Strengths

AI Transparency Report

The Legal Aid Bureau Of Buffalo Inc demonstrates consistent financial growth and strong operational efficiency. Over the past five years, the organization's revenue has increased significantly, from $11,475,078 in 2019 to $15,801,518 in 2023, indicating robust funding and demand for its services. Expenses have generally tracked closely with revenue, suggesting effective budgeting and resource allocation. The organization consistently reports a healthy surplus, for example, $84,373 in 2023, which contributes to its growing asset base, reaching $10,416,796 in 2023 from $3,569,109 in 2019. Spending efficiency appears high, with expenses closely matching revenue, indicating that funds are being deployed for their intended purpose without excessive accumulation or significant deficits. The consistent reporting of 0% officer compensation across all available filings is a notable indicator of transparency and a commitment to directing resources towards programs rather than executive salaries. This practice enhances public trust and suggests a strong focus on mission delivery. Overall, the Legal Aid Bureau Of Buffalo Inc exhibits sound financial health, efficient spending practices, and a high degree of transparency, particularly concerning executive compensation. Its consistent growth in assets and revenue, coupled with tight expense management, positions it well to continue its mission of providing legal aid.

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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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