Long Island Gay and Lesbian Youth Inc

Analysis

Long Island Gay and Lesbian Youth Inc is a registered charity in United States, based in Hauppauge, NY. It received its IRS tax-exemption ruling in December 2007, 19 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, Long Island Gay and Lesbian Youth Inc reported income of $727k and spending of $3.3m, spending 453% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $3.5m to $727k (-80%), an average of -33% a year. The sharpest change came in the year to June 2023, when income dropped by 69%. Over the whole period it spent 118% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, Long Island Gay and Lesbian Youth Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 71st percentile within NY. Charities of a similar size with the same main cause include Nassau County Bar Assn Assigned Counsel Defender Plan Inc ($725k), Womens Liberation Front ($727k) and Athens-Oconee Casa Incorporated ($724k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 82% and program service revenue 18% of the total. Other salaries and wages came to $967k. At year end it held assets of $1.6m against liabilities of $3.1m, net assets of -$1.6m. It reported 41 employees.