Pride of Montgomery Inc

Analysis

Pride of Montgomery Inc is a registered charity in United States, based in Montgomery, TX. It received its IRS tax-exemption ruling in December 2021, 5 years ago. Its declared purposes cover education, which this site groups under education and training. 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 of Montgomery Inc reported income of $218k and spending of $236k, spending 108% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $117k to $218k (+86%), an average of +86% a year. The sharpest change came in the year to December 2023, when income rose by 86%. Over the whole period it spent 88% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Pride of Montgomery Inc sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 59th percentile within TX. Charities of a similar size with the same main cause include Inreach ($218k), East Side Union High School District Education Foundation ($218k) and Denver East Forensic Team Foundation ($218k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $22k against liabilities of $0, net assets of $22k.