Pride Youth Development Foundation

Analysis

Pride Youth Development Foundation is a registered charity in United States, based in Loveland, OH. It received its IRS tax-exemption ruling in September 1973, 53 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending October 2023, Pride Youth Development Foundation reported income of $126k and spending of $171k, spending 136% of what it took in. Across the 5 years on record, from October 2019 to October 2023, income grew from $122k to $126k (+3.4%), an average of +0.8% a year. The sharpest change came in the year to October 2020, when income dropped by 41%. Over the whole period it spent 141% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Pride Youth Development Foundation sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 43rd percentile within OH. Charities of a similar size with the same main cause include Berlin Lions Charities Inc ($126k), Japanese Soc of Detroit Foundation ($126k) and Helping One Guy Inc ($126k).

On its Form 990-EZ for the period ending October 2023, revenue came from contributions and grants 41% of the total. At year end it held assets of $75k against liabilities of $589, net assets of $75k.