Pride Foundation

Analysis

Pride Foundation is a registered charity in United States, based in Seattle, WA. It received its IRS tax-exemption ruling in May 1986, 40 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 March 2024, Pride Foundation reported income of $7.0m and spending of $6.8m, spending 97% of its income. Across the 5 years on record, from March 2020 to March 2024, income grew from $4.4m to $7.0m (+58%), an average of +12% a year. The sharpest change came in the year to March 2021, when income rose by 114%. Over the whole period it spent 68% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, Pride Foundation sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 95th percentile within WA. Charities of a similar size with the same main cause include Comprehensive Youth Services of Fresno Inc ($7.0m), Physicians for Reproductive Health Inc ($7.0m) and Arizona Center for Empowerment ($6.9m).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 67% of the total. Compensation of current officers, directors and key employees was $415k (6.1% of expenses). Other salaries and wages came to $1.1m. At year end it held assets of $52.0m against liabilities of $577k, net assets of $51.4m. It reported 15 employees.