LGBT Plus Center Orlando Inc

Analysis

LGBT Plus Center Orlando Inc is a registered charity in United States, based in Orlando, FL. It received its IRS tax-exemption ruling in May 1981, 45 years ago. 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, LGBT Plus Center Orlando Inc reported income of $1.7m and spending of $1.7m, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $349k to $1.7m (+396%), an average of +49% a year. The sharpest change came in the year to December 2020, when income rose by 151%. Over the whole period it spent 95% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, LGBT Plus Center Orlando Inc 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 85th percentile, and in the 86th percentile within FL. Charities of a similar size with the same main cause include International Archaeological Research Institute Inc ($1.7m), Las Americas Immigrant Advocacy Center ($1.7m) and Chinatown People Progressive Association Inc ($1.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 81% and program service revenue 16% of the total. Compensation of current officers, directors and key employees was $103k (6.0% of expenses). Other salaries and wages came to $787k. At year end it held assets of $2.1m against liabilities of $898k, net assets of $1.2m. It reported 23 employees.