Party with Purpose Incorporated

Analysis

Party with Purpose Incorporated is a registered charity in United States, based in Hoboken, NJ. It received its IRS tax-exemption ruling in June 2005, 21 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Party with Purpose Incorporated reported income of $76k and spending of $65k, spending 85% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $75k to $76k (+1.9%), an average of +0.5% a year. The sharpest change came in the year to December 2021, when income rose by 137%. Over the whole period it spent 98% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Party with Purpose Incorporated 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 30th percentile, and in the 37th percentile within NJ. Charities of a similar size with the same main cause include John McNicholas Pediatric Brain Tumor Foundation ($76k), Imperial Sovereign Court of Connecticut Inc ($76k) and Rotary Club of Hamburg Foundation Inc ($76k).

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 $0 against liabilities of $0, net assets of $0.