Queer Life Space Inc

Analysis

Queer Life Space Inc is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in January 2012, 14 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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 June 2023, Queer Life Space Inc reported income of $342k and spending of $257k, leaving 25% of income unspent that year. Across the 2 years on record, from June 2021 to June 2023, income grew from $206k to $342k (+66%), an average of +66% a year. The sharpest change came in the year to June 2023, when income rose by 66%. Over the whole period it spent 66% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Queer Life Space Inc sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 66th percentile within CA. Charities of a similar size with the same main cause include Pacific Endodontic Research Foundation ($341k), Center for Client Safety Inc ($342k) and Signature Foundation Inc ($341k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $68k (26% of expenses). Other salaries and wages came to $9,799. At year end it held assets of $152k against liabilities of $0, net assets of $152k.