Reading Pride Celebration

Analysis

Reading Pride Celebration is a registered charity in United States, based in Wyomissing, PA. It received its IRS tax-exemption ruling in March 2008, 18 years ago. Its declared purposes cover civil rights, social action and advocacy, which this site groups under human rights and equality. 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, Reading Pride Celebration reported income of $125k and spending of $150k, spending 120% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $136k to $125k (-7.5%), an average of -7.5% a year. Over the whole period it spent 104% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, Reading Pride Celebration sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 40th percentile within PA. Charities of a similar size with the same main cause include Brookhaven Police Foundation Inc ($125k), New Beginnings Law Center ($126k) and Love Greater Than Hate Project ($125k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 50% and program service revenue 49% of the total. At year end it held assets of $13k against liabilities of $0, net assets of $13k.