The Childrens Hospital Of Buffalo Foundation
Childrens Hospital Of Buffalo Foundation consistently reports zero officer compensation amidst fluctuating revenues and stable asset base.
EIN: 161332044 · Buffalo, NY · NTEE: E112 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $31.1M |
| Total Expenses | $17.4M |
| Program Spending | 90% |
| CEO/Top Officer Pay | $84 |
| Net Assets | $61.5M |
| Transparency Score | 92/100 |
Is The Childrens Hospital Of Buffalo Foundation Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
The Childrens Hospital Of Buffalo Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About The Childrens Hospital Of Buffalo Foundation
The Childrens Hospital Of Buffalo Foundation (EIN: 161332044) is a nonprofit organization based in Buffalo, NY, classified under NTEE code E112. The organization reported total revenue of $31.1M and total assets of $84.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Childrens Hospital Of Buffalo Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
The Childrens Hospital Of Buffalo Foundation is a large nonprofit that has been operating for 37 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 2.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $12.3M |
| Total Expenses | $17.4M |
| Surplus / Deficit | $-5,145,587 |
| Total Assets | $76.1M |
| Total Liabilities | $14.5M |
| Net Assets | $61.5M |
| Operating Margin | -41.9% |
| Debt-to-Asset Ratio | 19.1% |
| Months of Reserves | 52.3 months |
Financial Health Grade: B
In 2023, The Childrens Hospital Of Buffalo Foundation reported a deficit of $5.1M with expenses exceeding revenue, holds 52.3 months of operating reserves (strong position), has a debt-to-asset ratio of 19.1% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), The Childrens Hospital Of Buffalo Foundation's revenue has grown at a compound annual growth rate (CAGR) of 2.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -18.9% | -2.5% | -0.3% |
| 2022 | +15.6% | +12.2% | -19.0% |
| 2021 | +22.6% | +21.0% | +17.6% |
| 2020 | -23.8% | -5.8% | +4.2% |
| 2019 | +102.6% | +12.7% | +5.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1989 |
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 The Childrens Hospital Of Buffalo Foundation with a Mission Score of 92 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: 5%
- programs: 90%
- fundraising: 5%
According to IRS 990 filings, The Childrens Hospital Of Buffalo Foundation allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. With 90% 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 deficit of $5.1M, with expenses exceeding revenue.
- Debt-to-asset ratio: 19.1%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no officers receive compensation directly from the foundation, which is highly commendable for an organization of its size with assets exceeding $84 million.
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 The Childrens Hospital Of Buffalo Foundation:
- Consistent 0% officer compensation across all filings, indicating high financial integrity.
- Substantial and stable asset base (e.g., $84,837,574 latest assets) providing long-term financial security.
- Long history of IRS 990 filings (13 filings), demonstrating consistent operation and transparency.
- Strong commitment to mission, implied by the lack of executive compensation and significant operational expenses.
Frequently Asked Questions about The Childrens Hospital Of Buffalo Foundation
Is The Childrens Hospital Of Buffalo Foundation a legitimate charity?
The Childrens Hospital Of Buffalo Foundation (EIN: 161332044) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 92/100. It has 13 years of IRS 990 filings on record. Total revenue: $31.1M. No red flags identified. 4 strengths noted. Financial health grade: B.
How does The Childrens Hospital Of Buffalo Foundation spend its money?
The Childrens Hospital Of Buffalo Foundation directs 90% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to The Childrens Hospital Of Buffalo Foundation tax-deductible?
The Childrens Hospital Of Buffalo Foundation is registered as a tax-exempt nonprofit (EIN: 161332044). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the The Childrens Hospital Of Buffalo Foundation CEO make?
The Childrens Hospital Of Buffalo Foundation's highest-compensated officer earns $84 annually. The organization reported $31.1M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of The Childrens Hospital Of Buffalo Foundation's spending goes to programs?
The Childrens Hospital Of Buffalo Foundation directs 90% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does The Childrens Hospital Of Buffalo Foundation compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), The Childrens Hospital Of Buffalo Foundation is above average for NTEE category E112 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is The Childrens Hospital Of Buffalo Foundation located?
The Childrens Hospital Of Buffalo Foundation is headquartered in Buffalo, New York and files with the IRS under EIN 161332044. It is classified under NTEE code E112.
How many years of IRS 990 filings does The Childrens Hospital Of Buffalo Foundation have?
The Childrens Hospital Of Buffalo Foundation has 13 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 $31.1M in total revenue.
Is The Childrens Hospital Of Buffalo Foundation a good charity?
Based on the provided data, the foundation appears to be a very good charity. It consistently reports 0% officer compensation, indicating a strong commitment to directing funds towards its mission rather than executive salaries. Its substantial asset base and consistent operations further support its stability and capacity to fulfill its purpose.
How does the foundation manage its finances given fluctuating revenues?
The foundation manages its finances by maintaining a significant asset base (e.g., $84,837,574 in the latest period) which provides stability even when annual expenses exceed revenues, as seen in periods like 202312 ($12,294,299 revenue vs. $17,439,886 expenses). This suggests a reliance on endowments, investments, or prior accumulated reserves to support its operations.
What is the trend in the foundation's assets?
The foundation's assets have fluctuated but generally remained robust, ranging from a high of $122,709,090 in 2014 to $76,066,845 in 2023. The latest reported assets are $84,837,574, indicating a strong financial foundation despite some year-to-year variations.
Filing History
IRS 990 filing history for The Childrens Hospital Of Buffalo Foundation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), The Childrens Hospital Of Buffalo Foundation's revenue has grown by 37.1%, moving from $9.0M to $12.3M. Total assets increased by 11.2% over the same period, from $68.4M to $76.1M. Total functional expenses rose by 399.2%, from $3.5M to $17.4M. In its most recent filing year (2023), The Childrens Hospital Of Buffalo Foundation reported a deficit of $5.1M, with expenses exceeding revenue. The organization holds $14.5M in liabilities against $76.1M in assets (debt-to-asset ratio: 19.1%), resulting in net assets of $61.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $12.3M | $17.4M | $76.1M | $14.5M | — | — |
| 2022 | $15.2M | $17.9M | $76.3M | $16.3M | — | View 990 |
| 2021 | $13.1M | $16.0M | $94.2M | $18.2M | — | View 990 |
| 2020 | $10.7M | $13.2M | $80.1M | $6.9M | — | View 990 |
| 2019 | $14.0M | $14.0M | $76.9M | $2.9M | — | View 990 |
| 2018 | $6.9M | $12.4M | $72.7M | $1.1M | — | View 990 |
| 2017 | $11.4M | $18.5M | $93.4M | $10.1M | — | View 990 |
| 2016 | $7.3M | $24.2M | $85.7M | $303K | — | View 990 |
| 2015 | $6.6M | $26.3M | $100.0M | $292K | — | View 990 |
| 2014 | $45.7M | $7.1M | $122.7M | $92K | — | View 990 |
| 2013 | $7.1M | $4.5M | $89.9M | $5.3M | — | View 990 |
| 2012 | $11.8M | $4.1M | $79.1M | $177K | — | View 990 |
| 2011 | $9.0M | $3.5M | $68.4M | $315K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $12.3M, expenses of $17.4M, and assets of $76.1M (revenue -18.9% year-over-year).
- 2022: Revenue of $15.2M, expenses of $17.9M, and assets of $76.3M (revenue +15.6% year-over-year).
- 2021: Revenue of $13.1M, expenses of $16.0M, and assets of $94.2M (revenue +22.6% year-over-year).
- 2020: Revenue of $10.7M, expenses of $13.2M, and assets of $80.1M (revenue -23.8% year-over-year).
- 2019: Revenue of $14.0M, expenses of $14.0M, and assets of $76.9M (revenue +102.6% year-over-year).
- 2018: Revenue of $6.9M, expenses of $12.4M, and assets of $72.7M (revenue -39.2% year-over-year).
- 2017: Revenue of $11.4M, expenses of $18.5M, and assets of $93.4M (revenue +55.4% year-over-year).
- 2016: Revenue of $7.3M, expenses of $24.2M, and assets of $85.7M (revenue +11.1% year-over-year).
- 2015: Revenue of $6.6M, expenses of $26.3M, and assets of $100.0M (revenue -85.6% year-over-year).
- 2014: Revenue of $45.7M, expenses of $7.1M, and assets of $122.7M (revenue +540.5% year-over-year).
- 2013: Revenue of $7.1M, expenses of $4.5M, and assets of $89.9M (revenue -39.5% year-over-year).
- 2012: Revenue of $11.8M, expenses of $4.1M, and assets of $79.1M (revenue +31.4% year-over-year).
- 2011: Revenue of $9.0M, expenses of $3.5M, and assets of $68.4M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for The Childrens Hospital Of Buffalo Foundation:
Data Sources and Methodology
This transparency report for The Childrens Hospital Of Buffalo Foundation 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.