North Shore Alliance of Gay & Lesbian Youth

Analysis

North Shore Alliance of Gay & Lesbian Youth is a registered charity in United States, based in Salem, MA. It received its IRS tax-exemption ruling in April 2004, 22 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, North Shore Alliance of Gay & Lesbian Youth reported income of $395k and spending of $375k, spending 95% of its income. Across the 3 years on record, from June 2021 to June 2023, income grew from $244k to $395k (+62%), an average of +27% a year. The sharpest change came in the year to June 2022, when income rose by 32%. Over the whole period it spent 96% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, North Shore Alliance of Gay & Lesbian Youth sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 67th percentile within MA. Charities of a similar size with the same main cause include Forest Avenue Outreach ($395k), Special Cheers ($395k) and Tonys Charitable Foundation ($394k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $81k (22% of expenses). Other salaries and wages came to $51k. At year end it held assets of $180k against liabilities of $0, net assets of $180k. It reported 2 employees.