Purple Maia Foundation

Analysis

Purple Maia Foundation is a registered charity in United States, based in Honolulu, HI. It received its IRS tax-exemption ruling in May 2014, 12 years ago. Its declared purposes cover unknown, which this site groups under other charitable 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, Purple Maia Foundation reported income of $4.7m and spending of $4.6m, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.5m to $4.7m (+208%), an average of +32% a year. The sharpest change came in the year to December 2021, when income rose by 120%. Over the whole period it spent 93% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Purple Maia Foundation sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 93rd percentile within HI. Charities of a similar size with the same main cause include Florida Youth Soccer Association Inc ($4.7m), College Properties of Lorain County Inc ($4.7m) and Western States Center Inc ($4.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 73% and program service revenue 27% of the total. Compensation of current officers, directors and key employees was $93k (2.0% of expenses). Other salaries and wages came to $2.8m. At year end it held assets of $1.6m against liabilities of $525k, net assets of $1.1m. It reported 67 employees.