National Gay & Lesbian Chamber of Commerce is a 501(c)(6) organization based in Washington, District of Columbia, registered in 2004, with $10,769,698 in FY2024 revenue. CharityIndex grades it B.
Revenue (FY2024)
$10.8M
▲ 13.9% vs prior year
Community median: $184K
Expenses (FY2024)
$9.3M
Net assets
$11.4M
Employees
—
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for National Gay & Lesbian Chamber of Commerce— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For National Gay & Lesbian Chamber of Commerce: 15 mo reserves · +13% margin earns a A on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for National Gay & Lesbian Chamber of Commerce— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For National Gay & Lesbian Chamber of Commerce: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $4.3M (FY2015) to $10.8M (FY2024) across 10 reported years.
Financial snapshot
Operating margin
13.2%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$17.1M
Total liabilities
$5.7M
Net assets
$11.4M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $10,769,698▲13.9% | $9,346,229▲3.9% | $11,401,152▲20.5% | $17,064,904▲18.7% | 990 |
| 2023 | $9,457,409▼10.4% | $8,999,562▲4.7% | $9,464,755▲14.9% | $14,376,202▼6.2% | 990 |
| 2022 | $10,551,828▲4.2% | $8,598,302▲46.3% | $8,239,082▲30.7% | $15,331,208▲24.1% | 990 |
| 2021 | $10,129,984▲68.0% | $5,877,573▲20.5% | $6,303,293▲95.7% | $12,358,088▲76.7% | 990 |
| 2020 | $6,031,368▼22.2% | $4,876,850▼21.0% | $3,220,890▲62.3% | $6,995,617▲43.3% | 990 |
| 2019 | $7,751,370▲32.6% | $6,174,965▲12.3% | $1,984,582▲386% | $4,882,701▲15.0% | 990 |
| 2018 | $5,844,568▲13.5% | $5,498,590▲12.8% | $408,177▲556% | $4,246,915▲121% | 990 |
| 2017 | $5,147,541▲11.6% | $4,873,998▲5.6% | $62,199▲129% | $1,925,539▲87.3% | 990 |
| 2016 | $4,611,702▲7.6% | $4,615,952▲19.7% | -$211,344▼2.1% | $1,028,051▲0.5% | 990 |
| 2015 | $4,286,682 | $3,856,463 | -$207,094 | $1,022,643 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
18 grants to National Gay & Lesbian Chamber of Commerce totaling $375K, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| AARP | Sponsorship of various events | 2024 | $29,000 |
| Ncta-the Internet & Television Association | 2024 general support | 2024 | $15,000 |
| AARP | Sponsorship of 2023 nbic unity week & intl business & leadership conference | 2023 | $55,000 |
| Ncta-the Internet & Television Association | 2023 general support | 2023 | $15,000 |
| Pharmaceutical Research and Manufacturers of America | General contribution | 2022 | $25,000 |
| AARP | Sponsorship of the 2022 international business and leadership conference | 2022 | $20,000 |
| Ncta-the Internet & Television Association | 2021 general support | 2021 | $15,000 |
| AARP | Sponsorship of summit | 2021 | $15,000 |
| AARP | Sponsorship of the communities of color initiative & xlr8 program | 2020 | $16,000 |
| Ncta-the Internet & Television Association | Nglcc corporate partnership 2020 | 2020 | $15,000 |
| AARP | Sponsorship of the nglcc leadership conference | 2019 | $30,000 |
| AARP | Sponsorship of the nglcc leadership conference | 2019 | $30,000 |
| Ncta-the Internet & Television Association | General 2019 support | 2019 | $15,000 |
| AARP | Sponsorship of the nglcc international business & leadership conference | 2018 | $20,000 |
| Ncta-the Internet & Television Association | Sponsor 2018 best-of-the-best award gala | 2018 | $15,000 |
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Data for National Gay & Lesbian Chamber of Commerce (EIN 13-4219714) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.