Pride in Saginaw Inc

Analysis

Pride in Saginaw Inc is a registered charity in United States, based in Saginaw, MI. It received its IRS tax-exemption ruling in December 1981, 45 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 January 2024, Pride in Saginaw Inc reported income of $155k and spending of $179k, spending 116% of what it took in. Across the 5 years on record, from January 2020 to January 2024, income fell from $161k to $155k (-3.8%), an average of -1.0% a year. The sharpest change came in the year to January 2022, when income rose by 56%. Over the whole period it spent 96% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Pride in Saginaw Inc sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 47th percentile within MI. Charities of a similar size with the same main cause include McLennan County Dispute Resolution Center ($155k), Howard County Foundation Inc ($155k) and Texas Grazing Land Coalition Inc ($155k).

On its Form 990 for the period ending January 2024, revenue came from contributions and grants 23% and program service revenue 77% of the total. Other salaries and wages came to $42k. At year end it held assets of $49k against liabilities of $827, net assets of $48k. It reported 1 employees.