Hampton Roads Pride

Analysis

Hampton Roads Pride is a registered charity in United States, based in Norfolk, VA. It received its IRS tax-exemption ruling in July 2001, 25 years ago. Its declared purposes cover civil rights, social action and advocacy, which this site groups under human rights and equality. 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, Hampton Roads Pride reported income of $561k and spending of $442k, leaving 21% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $380k to $561k (+48%), an average of +10% a year. The sharpest change came in the year to December 2023, when income rose by 166%. Over the whole period it spent 98% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, Hampton Roads Pride sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 72nd percentile within VA. Charities of a similar size with the same main cause include Wels Lutherans for Life Metro Milwaukee Inc ($561k), Missouri State Highway Patrol Benevolent Fund Inc ($562k) and Police Officer Memorial Committee ($561k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 79% and program service revenue 20% of the total. At year end it held assets of $220k against liabilities of $0, net assets of $220k.