Pride Productions Inc

Analysis

Pride Productions Inc is a registered charity in United States, based in Worcester, MA. 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 March 2024, Pride Productions Inc reported income of $121k and spending of $107k, spending 89% of its income. Across the 3 years on record, from March 2022 to March 2024, income fell from $160k to $121k (-25%), an average of -13% a year. The sharpest change came in the year to March 2024, when income rose by 149%. Over the whole period it spent 79% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Pride Productions Inc sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 48th percentile within MA. Charities of a similar size with the same main cause include Greeley County Community Development Inc ($121k), Brookfield Community Betterment Inc ($121k) and Speedway Trails Association ($121k).

On its Form 990-EZ for the period ending March 2024, revenue came from contributions and grants 92% and program service revenue 1.9% of the total. At year end it held assets of $54k against liabilities of $0, net assets of $54k.