Gay Pride Celebration Committee of San Jose

Analysis

Gay Pride Celebration Committee of San Jose is a registered charity in United States, based in San Jose, CA. It received its IRS tax-exemption ruling in April 1991, 35 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, Gay Pride Celebration Committee of San Jose reported income of $507k and spending of $520k, spending 102% of its income. Across the 4 years on record, from December 2019 to December 2023, income grew from $437k to $507k (+16%), an average of +5.1% a year. The sharpest change came in the year to December 2022, when income rose by 61%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Gay Pride Celebration Committee of San Jose sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 72nd percentile within CA. Charities of a similar size with the same main cause include Sisters of Mary of Kakamega ($507k), Kansas Farm Bureau Foundation ($507k) and Sikh Association of Baltimore Inc ($507k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 67% of the total. At year end it held assets of $195k against liabilities of $33k, net assets of $163k.