Corning Pride Inc

Analysis

Corning Pride Inc is a registered charity in United States, based in Corning, NY. It received its IRS tax-exemption ruling in July 2020, 6 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Corning Pride Inc reported income of $117k and spending of $66k, leaving 44% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $15k to $117k (+699%), an average of +699% a year. The sharpest change came in the year to December 2023, when income rose by 699%. Over the whole period it spent 66% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Corning Pride Inc sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 40th percentile within NY. Charities of a similar size with the same main cause include Heritage Family Resource Center Inc ($117k), Messengers of Hope Mission Inc ($117k) and Help Network Inc ($117k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 98% of the total. At year end it held assets of $77k against liabilities of $0, net assets of $77k.