Atlanta Pride Committee Inc

Analysis

Atlanta Pride Committee Inc is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in April 1998, 28 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, Atlanta Pride Committee Inc reported income of $2.2m and spending of $2.0m, spending 90% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.6m to $2.2m (+35%), an average of +7.8% a year. The sharpest change came in the year to December 2022, when income rose by 162%. Over the whole period it spent 107% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Atlanta Pride Committee Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 89th percentile within GA. Charities of a similar size with the same main cause include Nia House Learning Center ($2.2m), Tpa Network Incorporated ($2.2m) and The Yankee Institute for Public Policy Studies Inc ($2.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 5.9% and program service revenue 94% of the total. Compensation of current officers, directors and key employees was $98k (5.0% of expenses). Other salaries and wages came to $188k. At year end it held assets of $570k against liabilities of $563k, net assets of $6,641. It reported 7 employees.