Association of Gay and Lesbian Psychiatrists

Analysis

Association of Gay and Lesbian Psychiatrists is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in April 1989, 37 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, Association of Gay and Lesbian Psychiatrists reported income of $199k and spending of $105k, leaving 47% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $84k to $199k (+135%), an average of +136% a year. The sharpest change came in the year to December 2023, when income rose by 135%. Over the whole period it spent 71% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Association of Gay and Lesbian Psychiatrists sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 51st percentile within PA. Charities of a similar size with the same main cause include Elizabeth F Brigham Trust Uw Richard a Spindler TR ($198k), Greenwich Basketball Association Inc ($199k) and Prospect Business Association ($198k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 60% and program service revenue 4.1% of the total. At year end it held assets of $168k against liabilities of $40k, net assets of $128k.