Lesbian and Gay Law Association Foundation of Greater New York
Analysis
Lesbian and Gay Law Association Foundation of Greater New York is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in June 1996, 30 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 2022, Lesbian and Gay Law Association Foundation of Greater New York reported income of $255k and spending of $263k, spending 103% of its income. Across the 4 years on record, from December 2019 to June 2022, income fell from $453k to $255k (-44%), an average of -18% a year. The sharpest change came in the year to December 2021, when income rose by 71%. Over the whole period it spent 100% of the income it received.
Among 9,611 United States charities whose main cause is human rights and equality and that reported income, Lesbian and Gay Law Association Foundation of Greater New York sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 56th percentile within NY. Charities of a similar size with the same main cause include United Prison Ministries Inc ($254k), Placer County Sheriffs Council Inc ($255k) and A Vision of Change Incorporated ($254k).
On its Form 990 for the period ending June 2022, revenue came from contributions and grants 5.3% of the total. Compensation of current officers, directors and key employees was $161k (61% of expenses). At year end it held assets of $350k against liabilities of $149k, net assets of $200k.
Income and spending
Where the income comes from
- Contributions & grants 5.3%
- Other 95%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| United Prison Ministries Inc | Verbena | $254k |
| Placer County Sheriffs Council Inc | Granite Bay | $255k |
| A Vision of Change Incorporated | Cleveland | $254k |
| DC National Association for the Advancemet of Returning Citizens | Forestville | $255k |