Charleston Pride Inc

Analysis

Charleston Pride Inc is a registered charity in United States, based in N Charleston, SC. It received its IRS tax-exemption ruling in August 2011, 15 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 2022, Charleston Pride Inc reported income of $74k and spending of $90k, spending 120% of what it took in. Across the 2 years on record, from December 2021 to December 2022, income grew from $11k to $74k (+596%), an average of +596% a year. The sharpest change came in the year to December 2022, when income rose by 596%. Over the whole period it spent 138% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Charleston Pride Inc sits at the 33rd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 35th percentile within SC. Charities of a similar size with the same main cause include Perquimans Arts League ($74k), Boom Boom Club ($74k) and Tantasqua Education Foundation Inc ($74k).

On its Form 990-EZ for the period ending December 2022, revenue came from contributions and grants 62% and program service revenue 38% of the total. At year end it held assets of $7,634 against liabilities of $0, net assets of $7,634.