The National Lesbian and Gay Journalists Association

Analysis

The National Lesbian and Gay Journalists Association is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in April 1993, 33 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. 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, The National Lesbian and Gay Journalists Association reported income of $1.0m and spending of $959k, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $774k to $1.0m (+32%), an average of +7.2% a year. The sharpest change came in the year to December 2021, when income rose by 54%. Over the whole period it spent 80% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The National Lesbian and Gay Journalists Association sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 55th percentile within DC. Charities of a similar size with the same main cause include Habitat for Humanity International Inc ($1.0m), Russel Hill Cancer Foundation Inc ($1.0m) and St Joseph-Lincoln Senior Service Center Inc ($1.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 40% and program service revenue 57% of the total. Compensation of current officers, directors and key employees was $150k (16% of expenses). Other salaries and wages came to $263k. At year end it held assets of $1.8m against liabilities of $208k, net assets of $1.6m. It reported 7 employees.