Mid-South Pride Foundation Inc

Analysis

Mid-South Pride Foundation Inc is a registered charity in United States, based in Memphis, TN. It received its IRS tax-exemption ruling in May 2022, 4 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 December 2023, Mid-South Pride Foundation Inc reported income of $124k and spending of $24k, leaving 81% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $62k to $124k (+99%), an average of +99% a year. The sharpest change came in the year to December 2023, when income rose by 99%. Over the whole period it spent 46% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, Mid-South Pride Foundation Inc sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 43rd percentile within TN. Charities of a similar size with the same main cause include Se Konsa ($124k), Choose Life Mississippi ($124k) and Soroptimist International of the Americas Inc ($124k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 108% of the total. At year end it held assets of $273k against liabilities of $273k, net assets of $0.