Pride of Atmore

Analysis

Pride of Atmore is a registered charity in United States, based in Atmore, AL. It received its IRS tax-exemption ruling in August 2014, 12 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 December 2023, Pride of Atmore reported income of $420k and spending of $186k, leaving 56% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $408k to $420k (+2.8%), an average of +0.7% a year. The sharpest change came in the year to December 2021, when income rose by 269%. Over the whole period it spent 9.9% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Pride of Atmore sits at the 71st percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 70th percentile within AL. Charities of a similar size with the same main cause include Farmers Electric Charitablefoundation ($420k), Bike Box Project ($420k) and America First Credit Union Charitable Foundation ($420k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 68% of the total. Other salaries and wages came to $13k. At year end it held assets of $5.1m against liabilities of $1.8m, net assets of $3.3m. It reported 2 employees.