LGBTQ Center Lake County

Analysis

LGBTQ Center Lake County is a registered charity in United States, based in Grayslake, IL. It received its IRS tax-exemption ruling in August 2021, 5 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 June 2024, LGBTQ Center Lake County reported income of $111k and spending of $93k, spending 84% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $104k to $111k (+6.9%), an average of +6.9% a year. Over the whole period it spent 83% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, LGBTQ Center Lake County sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 41st percentile within IL. Charities of a similar size with the same main cause include Greater Wakefield Resource Center Inc ($111k), Tzedakah Tatzeel Memoves ($111k) and Color of Marriage Inc ($111k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $85k against liabilities of $1,372, net assets of $84k.