Queer Asterisk

Analysis

Queer Asterisk is a registered charity in United States, based in Longmont, CO. It received its IRS tax-exemption ruling in August 2017, 9 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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, Queer Asterisk reported income of $1.5m and spending of $1.3m, spending 86% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $220k to $1.5m (+589%), an average of +62% a year. The sharpest change came in the year to December 2020, when income rose by 183%. Over the whole period it spent 89% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Queer Asterisk 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 84th percentile, and in the 83rd percentile within CO. Charities of a similar size with the same main cause include Inatai Community Fund ($1.5m), Dr Luis Baez Diaz Breast Cancer Foundation of Puerto Rico ($1.5m) and Canon Human Services Centers Inc ($1.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 40% and program service revenue 60% of the total. Compensation of current officers, directors and key employees was $412k (32% of expenses). Other salaries and wages came to $516k. At year end it held assets of $962k against liabilities of $434k, net assets of $528k. It reported 13 employees.