Queens Lesbian & Gay Community Center Inc

Analysis

Queens Lesbian & Gay Community Center Inc is a registered charity in United States, based in Bronx, NY. It received its IRS tax-exemption ruling in November 1998, 28 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 2024, Queens Lesbian & Gay Community Center Inc reported income of $72k and spending of $140k, spending 194% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income fell from $485k to $72k (-85%), an average of -32% a year. The sharpest change came in the year to June 2024, when income dropped by 75%. Over the whole period it spent 105% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, Queens Lesbian & Gay Community Center Inc sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 29th percentile within NY. Charities of a similar size with the same main cause include Western Pennsylvania Police Benevolent Foundation Inc ($72k), Social Justice Training Institute ($72k) and Farmworker Law Center Inc ($72k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $30k. At year end it held assets of $149k against liabilities of $4,685, net assets of $145k. It reported 2 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.