Olsburg Pride

Analysis

Olsburg Pride is a registered charity in United States, based in Olsburg, KS. It received its IRS tax-exemption ruling in August 2002, 24 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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, Olsburg Pride reported income of $55k and spending of $50k, spending 90% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $47k to $55k (+16%), an average of +16% a year. The sharpest change came in the year to December 2023, when income rose by 16%. Over the whole period it spent 80% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Olsburg Pride sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 19th percentile within KS. Charities of a similar size with the same main cause include Jackson Elite Volleyball Club ($55k), Canton Pee Wees Inc ($55k) and Youngstown Marathon Foundation ($55k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 50% and program service revenue 11% of the total. At year end it held assets of $83k against liabilities of $0, net assets of $83k.