Also for Gay Youth Inc
Analysis
Also for Gay Youth Inc is a registered charity in United States, based in Bradenton, FL. It received its IRS tax-exemption ruling in April 1998, 28 years ago. Its declared purposes cover civil rights, social action and advocacy, which this site groups under human rights and equality. 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 September 2023, Also for Gay Youth Inc reported income of $670k and spending of $473k, leaving 29% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income grew from $137k to $670k (+391%), an average of +49% a year. The sharpest change came in the year to September 2021, when income rose by 88%. Over the whole period it spent 77% of the income it received.
Among 9,611 United States charities whose main cause is human rights and equality and that reported income, Also for Gay Youth Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 77th percentile within FL. Charities of a similar size with the same main cause include Mountain Dreamers ($667k), Only Hope Prison Ministries ($670k) and Project Freedom Carolinas Inc ($667k).
On its Form 990 for the period ending September 2023, revenue came from contributions and grants 78% of the total. Other salaries and wages came to $230k. At year end it held assets of $611k against liabilities of $14k, net assets of $596k. It reported 7 employees.
Income and spending
Where the income comes from
- Contributions & grants 78%
- Other 22%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Mountain Dreamers | Frisco | $667k |
| Only Hope Prison Ministries | Simi Valley | $670k |
| Project Freedom Carolinas Inc | Matthews | $667k |
| Coptic Orthodox Charities Inc | Clearwater | $670k |