Information Clearinghouse for Chinese Gays and Lesbians

Analysis

Information Clearinghouse for Chinese Gays and Lesbians is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in November 2003, 23 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Information Clearinghouse for Chinese Gays and Lesbians reported income of $74k and spending of $133k, spending 179% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $137k to $74k (-46%), an average of -14% a year. The sharpest change came in the year to December 2021, when income rose by 115%. Over the whole period it spent 90% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Information Clearinghouse for Chinese Gays and Lesbians sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 31st percentile within CA. Charities of a similar size with the same main cause include National Fashion Foundation Corp ($74k), Academy of Underwater Arts and Sciences ($75k) and Joined Artists Musicians & Singers Inc ($74k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $83k against liabilities of $0, net assets of $83k.