Pride Tree

Analysis

Pride Tree is a registered charity in United States, based in Las Vegas, NV. It received its IRS tax-exemption ruling in July 2021, 5 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Pride Tree reported income of $87k and spending of $47k, leaving 47% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $63k to $87k (+39%), an average of +39% a year. The sharpest change came in the year to December 2023, when income rose by 39%. Over the whole period it spent 45% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Pride Tree sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 36th percentile within NV. Charities of a similar size with the same main cause include Cassville Pantry ($87k), Jackson Women of Today Inc ($87k) and Sergents Way Inc ($87k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 96% and program service revenue 4.1% of the total. At year end it held assets of $100k against liabilities of $0, net assets of $100k.