Newburgh Lgbtqia Center

Analysis

Newburgh Lgbtqia Center is a registered charity in United States, based in Newburgh, NY. It received its IRS tax-exemption ruling in May 2022, 4 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, Newburgh Lgbtqia Center reported income of $97k and spending of $134k, spending 139% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $180k to $97k (-46%), an average of -27% a year. The sharpest change came in the year to December 2023, when income dropped by 38%. Over the whole period it spent 133% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Newburgh Lgbtqia Center sits at the 32nd percentile: it is larger than about 32% 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 Ezer Halbosho Lyeled Clothing Fund for Children ($97k), Hope for Bethesda Inc ($97k) and Agape-Heart International Organization ($97k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $59k against liabilities of $0, net assets of $59k.