California Legislative LGBT Foundation

Analysis

California Legislative LGBT Foundation is a registered charity in United States, based in Sacramento, CA. It received its IRS tax-exemption ruling in April 2015, 11 years ago. Its declared purposes cover education, which this site groups under education and training. 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, California Legislative LGBT Foundation reported income of $455k and spending of $613k, spending 135% of what it took in. Across the 4 years on record, from December 2019 to December 2023, income grew from $262k to $455k (+74%), an average of +20% a year. The sharpest change came in the year to December 2021, when income rose by 63%. Over the whole period it spent 92% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, California Legislative LGBT Foundation 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 69th percentile, and in the 70th percentile within CA. Charities of a similar size with the same main cause include BBB National Programs Charitable Foundation ($455k), Northeast Missouri Library Service ($455k) and Botanical Bus ($455k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $45k (7.3% of expenses). It paid $52k in professional fundraising fees. At year end it held assets of $289k against liabilities of $0, net assets of $289k.