Billy Defrank Lesbian and Gay Community Center

Analysis

Billy Defrank Lesbian and Gay Community Center is a registered charity in United States, based in San Jose, CA. It received its IRS tax-exemption ruling in November 1983, 43 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 June 2023, Billy Defrank Lesbian and Gay Community Center reported income of $300k and spending of $217k, leaving 27% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $297k to $300k (+0.9%), an average of +0.2% a year. The sharpest change came in the year to June 2022, when income rose by 76%. Over the whole period it spent 60% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Billy Defrank Lesbian and Gay Community Center sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 64th percentile within CA. Charities of a similar size with the same main cause include Saline County Medical Foundation ($300k), Lincoln Midwest Ballet Company ($300k) and Boulevard Harambee-Building Up Leaders for Village Development ($300k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 86% of the total. At year end it held assets of $2.2m against liabilities of $0, net assets of $2.2m.