Loris Blue Pride Club

Analysis

Loris Blue Pride Club is a registered charity in United States, based in Loris, SC. It received its IRS tax-exemption ruling in December 1989, 37 years ago. 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, Loris Blue Pride Club reported income of $56k and spending of $57k, spending 101% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $58k to $56k (-2.6%), an average of -2.6% a year. Over the whole period it spent 112% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Loris Blue Pride Club sits at the 21st percentile: it is larger than about 21% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 28th percentile within SC. Charities of a similar size with the same main cause include Triple R Racing Inc ($56k), Fryeburg Academy TR Ua 121261 ($56k) and Kauai Historical Society Inc ($56k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 8.9% of the total. At year end it held assets of $205k against liabilities of $0, net assets of $205k.