Miami Beach Gay Pride

Analysis

Miami Beach Gay Pride is a registered charity in United States, based in Miami Beach, FL. It received its IRS tax-exemption ruling in June 2017, 9 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending July 2024, Miami Beach Gay Pride reported income of $1.6m and spending of $1.5m, spending 91% of its income. Across the 6 years on record, from July 2019 to July 2024, income grew from $1.1m to $1.6m (+44%), an average of +7.6% a year. The sharpest change came in the year to July 2022, when income rose by 1198%. Over the whole period it spent 99% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, Miami Beach Gay Pride sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 86th percentile within FL. Charities of a similar size with the same main cause include Inclusive Communities ($1.6m), Tennessee Innocence Project ($1.6m) and Men As Peacemakers ($1.6m).

On its Form 990 for the period ending July 2024, revenue came from contributions and grants 99% of the total. Other salaries and wages came to $65k. At year end it held assets of $611k against liabilities of $204k, net assets of $408k. It reported 1 employees.