Pride Manchester Inc

Analysis

Pride Manchester Inc is a registered charity in United States, based in Bismarck, ND. It received its IRS tax-exemption ruling in December 2003, 23 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 June 2023, Pride Manchester Inc reported income of $1.8m and spending of $1.9m, spending 108% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $2.1m to $1.8m (-15%), an average of -4.1% a year. Over the whole period it spent 108% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Pride Manchester Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 83rd percentile within ND. Charities of a similar size with the same main cause include Life Management Inc ($1.8m), Jumpstart Enrichment for Tomorrows Students Incorporated ($1.8m) and Alexander Graham Bell Association for the Deaf and Hard of Hearing ($1.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 1.2% and program service revenue 99% of the total. Other salaries and wages came to $1.1m. At year end it held assets of $339k against liabilities of $1.5m, net assets of -$1.1m. It reported 42 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.