Wayout LGBTQ Foundation

Analysis

Wayout LGBTQ Foundation is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in November 2018, 8 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Wayout LGBTQ Foundation reported income of $530k and spending of $466k, spending 88% of its income. Across the 4 years on record, from December 2019 to December 2023, income grew from $330k to $530k (+61%), an average of +17% a year. The sharpest change came in the year to December 2022, when income rose by 74%. Over the whole period it spent 77% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Wayout LGBTQ Foundation sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 73rd percentile within CA. Charities of a similar size with the same main cause include Cavalier County Senior Meals & Services ($530k), Reaching Higher Inc ($531k) and Womens Wilderness Institute ($530k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 104% of the total. At year end it held assets of $467k against liabilities of $0, net assets of $467k.