Purple Mountain Institute Inc

Analysis

Purple Mountain Institute Inc is a registered charity in United States, based in Tucson, AZ. It received its IRS tax-exemption ruling in January 2001, 25 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, Purple Mountain Institute Inc reported income of $63k and spending of $110k, spending 174% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $104k to $63k (-39%), an average of -39% a year. The sharpest change came in the year to December 2023, when income dropped by 39%. Over the whole period it spent 131% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Purple Mountain Institute Inc sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 22nd percentile within AZ. Charities of a similar size with the same main cause include Baycare Emergency Assistance Program Inc ($63k), Showers of Grace ($63k) and Interfaith Council on Poverty Inc ($63k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $39k against liabilities of $3,593, net assets of $36k.