LGBTQ Focus Foundation Corporation

Analysis

LGBTQ Focus Foundation Corporation is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in April 2016, 10 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, LGBTQ Focus Foundation Corporation reported income of $96k and spending of $100k, spending 103% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $112k to $96k (-14%), an average of -14% a year. Over the whole period it spent 100% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, LGBTQ Focus Foundation Corporation sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 35th percentile within NY. Charities of a similar size with the same main cause include Boost the Boro ($96k), Sim Foundation ($96k) and Pathways to Employment Inc ($96k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 12% of the total. At year end it held assets of $47k against liabilities of $0, net assets of $47k.