San Francisco Lesbian Gay Bisexual Transgender Community Center

Analysis

San Francisco Lesbian Gay Bisexual Transgender Community Center is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in August 1996, 30 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, San Francisco Lesbian Gay Bisexual Transgender Community Center reported income of $12.5m and spending of $6.2m, leaving 51% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $4.1m to $12.5m (+207%), an average of +32% a year. The sharpest change came in the year to June 2023, when income rose by 118%. Over the whole period it spent 85% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, San Francisco Lesbian Gay Bisexual Transgender Community Center sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within CA. Charities of a similar size with the same main cause include Northern Middle Tennessee Local Workforce Development Board Inc ($12.4m), Skills for Chicago ($12.5m) and National Community Reinvestment Coalition Inc ($12.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 64% and program service revenue 7.1% of the total. Compensation of current officers, directors and key employees was $210k (3.4% of expenses). Other salaries and wages came to $2.9m. It paid $41k in professional fundraising fees. At year end it held assets of $14.2m against liabilities of $4.1m, net assets of $10.1m. It reported 61 employees.