New Haven Gay and Lesbian Community Center Inc

Analysis

New Haven Gay and Lesbian Community Center Inc is a registered charity in United States, based in New Haven, CT. It received its IRS tax-exemption ruling in January 2023, 3 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 December 2023, New Haven Gay and Lesbian Community Center Inc reported income of $577k and spending of $440k, leaving 24% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $663k to $577k (-13%), an average of -13% a year. Over the whole period it spent 106% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, New Haven Gay and Lesbian Community Center Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 70th percentile within CT. Charities of a similar size with the same main cause include New Testament Church of God Little Angels Academy Inc ($577k), Re-Use-It Thrift Shop ($577k) and Educate the Children Inc ($577k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% and program service revenue 3.7% of the total. Other salaries and wages came to $260k. At year end it held assets of $52k against liabilities of $137k, net assets of -$85k. It reported 6 employees.