Glsen Inc

Analysis

Glsen Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in February 1995, 31 years ago. Its declared purposes cover civil rights, social action and advocacy, which this site groups under human rights and equality. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Glsen Inc reported income of $7.0m and spending of $10.0m, spending 143% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $8.9m to $7.0m (-21%), an average of -5.8% a year. The sharpest change came in the year to June 2020, when income rose by 50%. Over the whole period it spent 86% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, Glsen Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 91st percentile within NY. Charities of a similar size with the same main cause include Physicians for Reproductive Health Inc ($7.0m), Migration Policy Institute ($7.0m) and Pride Foundation ($7.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 94% and program service revenue 3.5% of the total. Compensation of current officers, directors and key employees was $1.3m (13% of expenses). Other salaries and wages came to $2.4m. It paid $136k in professional fundraising fees. At year end it held assets of $12.4m against liabilities of $952k, net assets of $11.4m. It reported 53 employees.