Spencer Pride

Analysis

Spencer Pride is a registered charity in United States, based in Spencer, IN. It received its IRS tax-exemption ruling in July 2014, 12 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 July 2024, Spencer Pride reported income of $238k and spending of $176k, leaving 26% of income unspent that year. Across the 3 years on record, from July 2022 to July 2024, income grew from $140k to $238k (+71%), an average of +31% a year. The sharpest change came in the year to July 2023, when income rose by 66%. Over the whole period it spent 61% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Spencer Pride sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 57th percentile within IN. Charities of a similar size with the same main cause include H O P E Partners of Farmington ($238k), Food and Resource Center of South Central Oklahoma Inc ($238k) and Eden North Collins Food Pantry ($238k).

On its Form 990 for the period ending July 2024, revenue came from contributions and grants 81% of the total. At year end it held assets of $493k against liabilities of $201k, net assets of $291k.