Capital Pride Alliance Incorporated

Analysis

Capital Pride Alliance Incorporated is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in March 2009, 17 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 September 2022, Capital Pride Alliance Incorporated reported income of $2.3m and spending of $1.6m, leaving 30% of income unspent that year. Across the 5 years on record, from September 2018 to September 2022, income fell from $2.4m to $2.3m (-5.7%), an average of -1.5% a year. The sharpest change came in the year to September 2022, when income rose by 393%. Over the whole period it spent 91% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Capital Pride Alliance Incorporated sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 68th percentile within DC. Charities of a similar size with the same main cause include Allaire Comm Farm a NJ Nonprofit Corporation ($2.3m), Raindrop of Dallas ($2.3m) and Alcona County Commission on Aging ($2.3m).

On its Form 990 for the period ending September 2022, revenue came from contributions and grants 70% and program service revenue 20% of the total. Other salaries and wages came to $213k. At year end it held assets of $965k against liabilities of $17k, net assets of $947k. It reported 2 employees.