Sacramento LGBT Community Center

Analysis

Sacramento LGBT Community Center is a registered charity in United States, based in Sacramento, CA. It received its IRS tax-exemption ruling in October 1978, 48 years ago. 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, Sacramento LGBT Community Center reported income of $6.3m and spending of $5.1m, spending 81% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $4.4m to $6.3m (+44%), an average of +9.5% a year. The sharpest change came in the year to December 2021, when income rose by 66%. Over the whole period it spent 73% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Sacramento LGBT Community Center sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 93rd percentile within CA. Charities of a similar size with the same main cause include United Way of Cass-Clay ($6.3m), Bay Shore Services Inc ($6.3m) and St Barnabas Senior Center of Los Angeles ($6.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 84% and program service revenue 16% of the total. Compensation of current officers, directors and key employees was $193k (3.8% of expenses). Other salaries and wages came to $2.1m. At year end it held assets of $5.3m against liabilities of $500k, net assets of $4.8m. It reported 60 employees.