Hudson Valley LGBTQ Community Center Inc

Analysis

Hudson Valley LGBTQ Community Center Inc is a registered charity in United States, based in Kingston, NY. It received its IRS tax-exemption ruling in March 2006, 20 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, Hudson Valley LGBTQ Community Center Inc reported income of $572k and spending of $572k, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $633k to $572k (-9.6%), an average of -2.5% a year. The sharpest change came in the year to December 2022, when income dropped by 34%. Over the whole period it spent 86% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Hudson Valley LGBTQ 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 68th percentile within NY. Charities of a similar size with the same main cause include A Hand Up International Inc Global Outreach Ministries ($572k), Clark Memorial Home Association ($573k) and The Jewish Home for Aged Foundation Inc ($572k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% and program service revenue 0.1% of the total. Compensation of current officers, directors and key employees was $69k (12% of expenses). Other salaries and wages came to $223k. At year end it held assets of $1.3m against liabilities of $144k, net assets of $1.2m. It reported 9 employees.