LGBTQ Lake County

Analysis

LGBTQ Lake County is a registered charity in United States, based in Painesville, OH. It received its IRS tax-exemption ruling in October 2019, 7 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 (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 Lake County reported income of $64k and spending of $170k, spending 267% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income fell from $66k to $64k (-3.6%), an average of -1.2% a year. The sharpest change came in the year to December 2022, when income rose by 138%. Over the whole period it spent 118% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, LGBTQ Lake County sits at the 21st percentile: it is larger than about 21% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 25th percentile within OH. Charities of a similar size with the same main cause include Village of Hempstead Police Activity League Inc ($64k), F3 Missing Childrens Intelligence Agency Inc ($64k) and LA Colonia de Eden Gardens Inc ($64k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 49% of the total. At year end it held assets of $42k against liabilities of $0, net assets of $42k.