Annapolis Pride Inc

Analysis

Annapolis Pride Inc is a registered charity in United States, based in Annapolis, MD. It received its IRS tax-exemption ruling in May 2019, 7 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Annapolis Pride Inc reported income of $170k and spending of $112k, leaving 34% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $22k to $170k (+674%), an average of +178% a year. The sharpest change came in the year to December 2022, when income rose by 195%. Over the whole period it spent 77% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, Annapolis Pride Inc sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 50th percentile within MD. Charities of a similar size with the same main cause include Fallout Shelter Ministries Inc ($170k), Casa of Cherokee Country Inc ($170k) and Southwest Detroit Community Justice Center ($170k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 28% and program service revenue 72% of the total. At year end it held assets of $97k against liabilities of $0, net assets of $97k.