Alliance for GLBTQ Youth Inc

Analysis

Alliance for GLBTQ Youth Inc is a registered charity in United States, based in Miami, FL. It received its IRS tax-exemption ruling in January 2009, 17 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 September 2023, Alliance for GLBTQ Youth Inc reported income of $781k and spending of $715k, spending 92% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $547k to $781k (+43%), an average of +9.3% a year. The sharpest change came in the year to September 2023, when income rose by 31%. Over the whole period it spent 102% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Alliance for GLBTQ Youth Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 78th percentile within FL. Charities of a similar size with the same main cause include Greater Contribution ($781k), Atlantic City Day Nursery ($781k) and Nebraska Crop Improvement Association ($781k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 100% and program service revenue 0.0% of the total. Compensation of current officers, directors and key employees was $75k (10% of expenses). Other salaries and wages came to $366k. At year end it held assets of $201k against liabilities of $23k, net assets of $178k. It reported 13 employees.