Lesbian Gay Bisexual & Transgender Comn Ctr of Greater Cleveland

Analysis

Lesbian Gay Bisexual & Transgender Comn Ctr of Greater Cleveland is a registered charity in United States, based in Cleveland, OH. It received its IRS tax-exemption ruling in April 1978, 48 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Lesbian Gay Bisexual & Transgender Comn Ctr of Greater Cleveland reported income of $1.9m and spending of $2.5m, spending 127% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $2.9m to $1.9m (-33%), an average of -9.4% a year. The sharpest change came in the year to December 2020, when income dropped by 58%. Over the whole period it spent 78% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, Lesbian Gay Bisexual & Transgender Comn Ctr of Greater Cleveland sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 86th percentile within OH. Charities of a similar size with the same main cause include Lawyers Campaign for Equal Justice ($1.9m), Black Employees Assn ($1.9m) and Land Together ($1.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 90% and program service revenue 9.6% of the total. Compensation of current officers, directors and key employees was $100k (4.1% of expenses). Other salaries and wages came to $738k. At year end it held assets of $7.8m against liabilities of $148k, net assets of $7.6m. It reported 30 employees.