San Francisco Lesbian Gay Freedom Day Parade & Celeb Committee Inc

Analysis

San Francisco Lesbian Gay Freedom Day Parade & Celeb Committee Inc is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in July 1992, 34 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 September 2023, San Francisco Lesbian Gay Freedom Day Parade & Celeb Committee Inc reported income of $4.1m and spending of $4.2m, spending 103% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $4.0m to $4.1m (+1.9%), an average of +0.5% a year. The sharpest change came in the year to September 2022, when income rose by 189%. Over the whole period it spent 108% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, San Francisco Lesbian Gay Freedom Day Parade & Celeb Committee Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 91st percentile within CA. Charities of a similar size with the same main cause include Piedmont Academy Inc ($4.1m), Missionary Brothers of Charity Inc ($4.1m) and Lincroft Senior Citizens Housing Corp Gage Management Corp ($4.1m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 79% and program service revenue 22% of the total. Compensation of current officers, directors and key employees was $155k (3.7% of expenses). Other salaries and wages came to $184k. At year end it held assets of $459k against liabilities of $323k, net assets of $136k. It reported 5 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.