Pride Live Inc

Analysis

Pride Live Inc is a registered charity in United States, based in Long Is City, NY. It received its IRS tax-exemption ruling in October 2013, 13 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. 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, Pride Live Inc reported income of $3.7m and spending of $3.2m, spending 88% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $216k to $3.7m (+1599%), an average of +103% a year. The sharpest change came in the year to December 2021, when income rose by 268%. Over the whole period it spent 81% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Pride Live Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 87th percentile within NY. Charities of a similar size with the same main cause include Esperanza Inc ($3.7m), Jewish Federatio of Greater Naples Inc ($3.7m) and South Central Child Development Inc ($3.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% and program service revenue 0.0% of the total. Compensation of current officers, directors and key employees was $178k (5.5% of expenses). Other salaries and wages came to $100k. At year end it held assets of $2.7m against liabilities of $146k, net assets of $2.5m. It reported 6 employees.