Pridelines Youth Services Inc

Analysis

Pridelines Youth Services Inc is a registered charity in United States, based in Miami, FL. It received its IRS tax-exemption ruling in February 1998, 28 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Pridelines Youth Services Inc reported income of $609k and spending of $630k, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.2m to $609k (-48%), an average of -15% a year. The sharpest change came in the year to December 2023, when income dropped by 46%. Over the whole period it spent 101% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Pridelines Youth Services Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 75th percentile within FL. Charities of a similar size with the same main cause include Head of the Red Youth Activities Association Inc ($609k), Live Like Sam Foundation ($609k) and Pace Academy Foundation ($609k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 93% and program service revenue 0.3% of the total. Compensation of current officers, directors and key employees was $93k (15% of expenses). Other salaries and wages came to $267k. At year end it held assets of $95k against liabilities of $26k, net assets of $69k. It reported 15 employees.