International Gay & Lesbian Travel Association Foundation Inc

Analysis

International Gay & Lesbian Travel Association Foundation Inc is a registered charity in United States, based in Fort Lauderdale, FL. It received its IRS tax-exemption ruling in January 2012, 14 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, International Gay & Lesbian Travel Association Foundation Inc reported income of $351k and spending of $334k, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $140k to $351k (+151%), an average of +26% a year. The sharpest change came in the year to December 2022, when income rose by 60%. Over the whole period it spent 80% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, International Gay & Lesbian Travel Association Foundation Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 67th percentile within FL. Charities of a similar size with the same main cause include Friends of Ryan Inc ($351k), Fern Creek High School Alumni Association Inc ($351k) and Engagenj a NJ Nonprofit Corporation ($351k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $123k. At year end it held assets of $256k against liabilities of $946, net assets of $255k.