Community Foundation For Greater Buffalo Inc
Community Foundation For Greater Buffalo Inc: Strong Asset Growth, Variable Revenue
EIN: 222743917 · Buffalo, NY · NTEE: T31 · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $87.6M |
| Total Expenses | $41.6M |
| Program Spending | 80% |
| Net Assets | $694.0M |
| Transparency Score | 85/100 |
Is Community Foundation For Greater Buffalo Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Community Foundation For Greater Buffalo Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Community Foundation For Greater Buffalo Inc
Community Foundation For Greater Buffalo Inc (EIN: 222743917) is a nonprofit organization based in Buffalo, NY, classified under NTEE code T31. The organization reported total revenue of $87.6M and total assets of $944.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Community Foundation For Greater Buffalo Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Community Foundation For Greater Buffalo Inc is a major nonprofit that has been operating for 39 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 14.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $55.0M |
| Total Expenses | $41.6M |
| Surplus / Deficit | +$13.4M |
| Total Assets | $880.1M |
| Total Liabilities | $186.2M |
| Net Assets | $694.0M |
| Operating Margin | 24.4% |
| Debt-to-Asset Ratio | 21.2% |
| Months of Reserves | 254.1 months |
Financial Health Grade: A
In 2023, Community Foundation For Greater Buffalo Inc reported a surplus of $13.4M with revenue exceeding expenses, holds 254.1 months of operating reserves (strong position), has a debt-to-asset ratio of 21.2% (moderate leverage).
Financial Trends
Over 14 years of filings (2010–2023), Community Foundation For Greater Buffalo Inc's revenue has grown at a compound annual growth rate (CAGR) of 14.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -2.8% | -24.5% | +13.9% |
| 2022 | -60.7% | +15.3% | -11.6% |
| 2021 | +169.9% | +6.7% | +30.8% |
| 2020 | -12.1% | +17.7% | +17.8% |
| 2019 | +65.2% | +31.3% | +25.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1987 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Community Foundation For Greater Buffalo Inc with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 80%
- fundraising: 10%
According to IRS 990 filings, Community Foundation For Greater Buffalo Inc allocates its expenses as follows: admin: 10%, programs: 80%, fundraising: 10%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $13.4M, with revenue exceeding expenses.
- Debt-to-asset ratio: 21.2%.
Executive Compensation Analysis
Executive compensation appears reasonable given the organization's size and asset base, with no immediate red flags identified in the available filings.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Strengths
The following positive indicators were identified for Community Foundation For Greater Buffalo Inc:
- Significant asset growth from $453,587,642 in 2018 to $944,045,975 in 2023 demonstrates strong financial management and donor confidence.
- Consistent revenue generation, although variable, indicates a stable funding base for its operations.
- The organization maintains a healthy financial position with substantial assets relative to liabilities.
Frequently Asked Questions about Community Foundation For Greater Buffalo Inc
Is Community Foundation For Greater Buffalo Inc a legitimate charity?
Community Foundation For Greater Buffalo Inc (EIN: 222743917) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 85/100. It has 14 years of IRS 990 filings on record. Total revenue: $87.6M. No red flags identified. 3 strengths noted. Financial health grade: A.
How does Community Foundation For Greater Buffalo Inc spend its money?
Community Foundation For Greater Buffalo Inc directs 80% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to Community Foundation For Greater Buffalo Inc tax-deductible?
Community Foundation For Greater Buffalo Inc is registered as a tax-exempt nonprofit (EIN: 222743917). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Community Foundation For Greater Buffalo Inc's spending goes to programs?
Community Foundation For Greater Buffalo Inc directs 80% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Community Foundation For Greater Buffalo Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Community Foundation For Greater Buffalo Inc is above average for NTEE category T31 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Community Foundation For Greater Buffalo Inc located?
Community Foundation For Greater Buffalo Inc is headquartered in Buffalo, New York and files with the IRS under EIN 222743917. It is classified under NTEE code T31.
How many years of IRS 990 filings does Community Foundation For Greater Buffalo Inc have?
Community Foundation For Greater Buffalo Inc has 14 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $87.6M in total revenue.
What does Community Foundation For Greater Buffalo Inc do?
Community Foundation For Greater Buffalo Inc is a nonprofit organization in the Philanthropy, Voluntarism & Grantmaking sector, located in Buffalo, New York. It is classified under NTEE code T31.
How much revenue does Community Foundation For Greater Buffalo Inc have?
Community Foundation For Greater Buffalo Inc reported total revenue of $87,645,818. Based on 14 IRS 990 filings on record.
What are Community Foundation For Greater Buffalo Inc's total assets?
Community Foundation For Greater Buffalo Inc holds total assets of $944,045,975 as reported in IRS 990 filings.
Where is Community Foundation For Greater Buffalo Inc located?
Community Foundation For Greater Buffalo Inc is based in Buffalo, New York.
What is Community Foundation For Greater Buffalo Inc's EIN?
Community Foundation For Greater Buffalo Inc's Employer Identification Number (EIN) is 222743917. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Community Foundation For Greater Buffalo Inc?
Community Foundation For Greater Buffalo Inc is classified under NTEE code T31 (Philanthropy, Voluntarism & Grantmaking).
Is Community Foundation For Greater Buffalo Inc a registered 501(c)(3)?
Yes, Community Foundation For Greater Buffalo Inc is recognized as a tax-exempt organization by the IRS. EIN: 222743917.
Does Community Foundation For Greater Buffalo Inc file IRS Form 990?
Yes, Community Foundation For Greater Buffalo Inc has 14 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was Community Foundation For Greater Buffalo Inc's revenue in 2023?
In the 202312 filing period, Community Foundation For Greater Buffalo Inc reported total revenue of $54,971,299, total expenses of $41,559,311, and net assets of $880,132,334.
Is Community Foundation For Greater Buffalo Inc's revenue growing or declining?
Community Foundation For Greater Buffalo Inc's revenue is relatively stable. Revenue went from $56,537,676 (202212) to $54,971,299 (202312), a -2.8% change. Based on 14 filings on record.
What is Community Foundation For Greater Buffalo Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Community Foundation For Greater Buffalo Inc covers tax period 202312. It shows revenue of $54,971,299, expenses of $41,559,311, total assets of $880,132,334, and liabilities of $186,181,889.
How much does Community Foundation For Greater Buffalo Inc spend on programs vs administration?
Based on IRS 990 analysis, Community Foundation For Greater Buffalo Inc allocates approximately 80% of expenses to program services, 10% to administrative costs, and 10% to fundraising. This indicates strong program focus.
Is Community Foundation For Greater Buffalo Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Community Foundation For Greater Buffalo Inc appears trustworthy. Mission Score: 85/100 (Excellent). No red flags identified. 3 strengths noted.
What are Community Foundation For Greater Buffalo Inc's strengths?
Positive indicators for Community Foundation For Greater Buffalo Inc include: Significant asset growth from $453,587,642 in 2018 to $944,045,975 in 2023 demonstrates strong financial management and donor confidence.. Consistent revenue generation, although variable, indicates a stable funding base for its operations.. The organization maintains a healthy financial position with substantial assets relative to liabilities.. These findings are derived from AI analysis of the organization's financial filings.
How does Community Foundation For Greater Buffalo Inc compensate executives?
Executive compensation appears reasonable given the organization's size and asset base, with no immediate red flags identified in the available filings. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How does the significant fluctuation in reported revenue (e.g., $143,802,626 in 2021 vs. $54,971,299 in 2023) impact the foundation's long-term strategic planning and grant-making capacity?
While revenue fluctuates, the consistent growth in total assets suggests that the foundation effectively manages its endowment and investments, providing a more stable base for long-term planning and grant-making despite annual revenue variations. The asset base acts as a buffer against revenue volatility.
Filing History
IRS 990 filing history for Community Foundation For Greater Buffalo Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Community Foundation For Greater Buffalo Inc's revenue has grown by 492.5%, moving from $9.3M to $55.0M. Total assets increased by 335.5% over the same period, from $202.1M to $880.1M. Total functional expenses rose by 276.4%, from $11.0M to $41.6M. In its most recent filing year (2023), Community Foundation For Greater Buffalo Inc reported a surplus of $13.4M, with revenue exceeding expenses. The organization holds $186.2M in liabilities against $880.1M in assets (debt-to-asset ratio: 21.2%), resulting in net assets of $694.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $55.0M | $41.6M | $880.1M | $186.2M | — | View 990 |
| 2022 | $56.5M | $55.1M | $772.6M | $152.8M | — | View 990 |
| 2021 | $143.8M | $47.7M | $874.4M | $169.0M | — | View 990 |
| 2020 | $53.3M | $44.8M | $668.7M | $146.3M | — | View 990 |
| 2019 | $60.6M | $38.0M | $567.6M | $115.6M | — | View 990 |
| 2018 | $36.7M | $29.0M | $453.6M | $78.4M | — | View 990 |
| 2017 | $35.6M | $24.8M | $467.7M | $70.7M | — | View 990 |
| 2016 | $57.7M | $21.8M | $400.6M | $58.6M | — | View 990 |
| 2015 | $41.4M | $17.9M | $342.4M | $52.1M | — | View 990 |
| 2014 | $28.9M | $18.1M | $320.5M | $46.7M | — | View 990 |
| 2013 | $24.1M | $15.4M | $300.2M | $41.6M | — | View 990 |
| 2012 | $27.7M | $14.3M | $258.7M | $35.6M | — | View 990 |
| 2011 | $22.4M | $12.9M | $209.6M | $16.1M | — | View 990 |
| 2010 | $9.3M | $11.0M | $202.1M | $11.7M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $55.0M, expenses of $41.6M, and assets of $880.1M (revenue -2.8% year-over-year).
- 2022: Revenue of $56.5M, expenses of $55.1M, and assets of $772.6M (revenue -60.7% year-over-year).
- 2021: Revenue of $143.8M, expenses of $47.7M, and assets of $874.4M (revenue +169.9% year-over-year).
- 2020: Revenue of $53.3M, expenses of $44.8M, and assets of $668.7M (revenue -12.1% year-over-year).
- 2019: Revenue of $60.6M, expenses of $38.0M, and assets of $567.6M (revenue +65.2% year-over-year).
- 2018: Revenue of $36.7M, expenses of $29.0M, and assets of $453.6M (revenue +3.0% year-over-year).
- 2017: Revenue of $35.6M, expenses of $24.8M, and assets of $467.7M (revenue -38.3% year-over-year).
- 2016: Revenue of $57.7M, expenses of $21.8M, and assets of $400.6M (revenue +39.2% year-over-year).
- 2015: Revenue of $41.4M, expenses of $17.9M, and assets of $342.4M (revenue +43.4% year-over-year).
- 2014: Revenue of $28.9M, expenses of $18.1M, and assets of $320.5M (revenue +19.8% year-over-year).
- 2013: Revenue of $24.1M, expenses of $15.4M, and assets of $300.2M (revenue -12.9% year-over-year).
- 2012: Revenue of $27.7M, expenses of $14.3M, and assets of $258.7M (revenue +23.5% year-over-year).
- 2011: Revenue of $22.4M, expenses of $12.9M, and assets of $209.6M (revenue +141.7% year-over-year).
- 2010: Revenue of $9.3M, expenses of $11.0M, and assets of $202.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Community Foundation For Greater Buffalo Inc:
Data Sources and Methodology
This transparency report for Community Foundation For Greater Buffalo Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.