Project for Pride in Living Inc

Analysis

Project for Pride in Living Inc is a registered charity in United States, based in Minneapolis, MN. It received its IRS tax-exemption ruling in July 1974, 52 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Project for Pride in Living Inc reported income of $41.0m and spending of $29.1m, leaving 29% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $26.6m to $41.0m (+54%), an average of +11% a year. The sharpest change came in the year to December 2023, when income rose by 64%. Over the whole period it spent 83% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Project for Pride in Living Inc sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 99th percentile within MN. Charities of a similar size with the same main cause include International Water Management Institute ($40.9m), Greencroft Goshen Inc ($41.0m) and Montecito Retirement Association ($40.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 74% and program service revenue 26% of the total. Compensation of current officers, directors and key employees was $1.2m (4.1% of expenses). Other salaries and wages came to $12.2m. At year end it held assets of $38.9m against liabilities of $11.5m, net assets of $27.4m. It reported 294 employees.