Purevn Inc

Analysis

Purevn Inc is a registered charity in United States, based in Fort Worth, TX. It received its IRS tax-exemption ruling in March 2015, 11 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, Purevn Inc reported income of $122k and spending of $179k, spending 147% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $118k to $122k (+4.0%), an average of +4.0% a year. Over the whole period it spent 150% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Purevn Inc sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 45th percentile within TX. Charities of a similar size with the same main cause include 29th Judicial Dist CT Appointed Special Advocate Program Inc ($122k), Eva Volitzer Actors Studio Inc ($122k) and Senm Veterans Transportation Network Inc ($122k).

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 $291k against liabilities of $2,017, net assets of $289k.