Pridepads Africa Inc

Analysis

Pridepads Africa Inc is a registered charity in United States, based in Boulder, CO. It received its IRS tax-exemption ruling in December 2019, 7 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, Pridepads Africa Inc reported income of $61k and spending of $47k, leaving 22% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $95k to $61k (-36%), an average of -11% a year. The sharpest change came in the year to December 2022, when income rose by 68%. Over the whole period it spent 78% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Pridepads Africa Inc sits at the 21st percentile: it is larger than about 21% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 20th percentile within CO. Charities of a similar size with the same main cause include Schools3 ($61k), Libraries for Kids Intl ($61k) and San Francisco-Manila Sister City Committee 1 ($61k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 117% of the total. At year end it held assets of $82k against liabilities of $0, net assets of $82k.