Coalition for Aging LGBT

Analysis

Coalition for Aging LGBT is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in June 2016, 10 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Coalition for Aging LGBT reported income of $101k and spending of $258k, spending 255% of what it took in. Across the 2 years on record, from June 2023 to June 2024, income fell from $252k to $101k (-60%), an average of -60% a year. The sharpest change came in the year to June 2024, when income dropped by 60%. Over the whole period it spent 125% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, Coalition for Aging LGBT sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 40th percentile within TX. Charities of a similar size with the same main cause include Springfield Metropolitan Bar Foundation ($101k), Commission for Social Justice Order Sons of Italy in America ($101k) and Casa of Dunklin County Inc ($101k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 99% of the total. At year end it held assets of $57k against liabilities of $0, net assets of $57k.