Gilbert Baker Foundation Ltd

Analysis

Gilbert Baker Foundation Ltd is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in May 2020, 6 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Gilbert Baker Foundation Ltd reported income of $76k and spending of $74k, spending 97% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $57k to $76k (+32%), an average of +15% a year. The sharpest change came in the year to December 2023, when income rose by 41%. Over the whole period it spent 102% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Gilbert Baker Foundation Ltd sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 30th percentile within NY. Charities of a similar size with the same main cause include Jacob Leisler Institute for the Study of Early New York History in ($76k), Albuquerque Folk Festival ($76k) and New England Science Fiction Association ($76k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 31% and program service revenue 69% of the total. At year end it held assets of $25k against liabilities of $82, net assets of $25k.