Pride Group

Analysis

Pride Group is a registered charity in United States, based in Le Mars, IA. It received its IRS tax-exemption ruling in August 1986, 40 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Pride Group reported income of $11.6m and spending of $10.3m, spending 89% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $8.7m to $11.6m (+34%), an average of +6.0% a year. The sharpest change came in the year to June 2021, when income rose by 17%. Over the whole period it spent 90% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Pride Group sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within IA. Charities of a similar size with the same main cause include The Cove Center Inc ($11.6m), David Nicklas Organ Donor Awareness Foundation Inc ($11.6m) and Communtiy Action Partnership of Cambria County Inc ($11.6m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 1.0% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $218k (2.1% of expenses). Other salaries and wages came to $5.8m. At year end it held assets of $11.9m against liabilities of $4.9m, net assets of $7.0m. It reported 214 employees.