Cardinal Pride Inc

Analysis

Cardinal Pride Inc is a registered charity in United States, based in Willmar, MN. It received its IRS tax-exemption ruling in June 2000, 26 years ago. Its declared purposes cover education, which this site groups under education and training. 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 2023, Cardinal Pride Inc reported income of $58k and spending of $28k, leaving 52% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $40k to $58k (+48%), an average of +48% a year. The sharpest change came in the year to December 2023, when income rose by 48%. Over the whole period it spent 72% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Cardinal Pride Inc sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 19th percentile within MN. Charities of a similar size with the same main cause include MCHS Band Boosters ($58k), Valley Haven School Foundation Inc ($58k) and Nmshof ($58k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 26% and program service revenue 5.8% of the total. At year end it held assets of $253k against liabilities of $6,379, net assets of $246k.