Pura Vida Foundation

Analysis

Pura Vida Foundation is a registered charity in United States, based in Chelan, WA. It received its IRS tax-exemption ruling in July 2014, 12 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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, Pura Vida Foundation reported income of $75k and spending of $153k, spending 204% of what it took in. Across the 3 years on record, from December 2020 to December 2023, income fell from $861k to $75k (-91%), an average of -70% a year. The sharpest change came in the year to December 2022, when income dropped by 94%. Over the whole period it spent 64% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Pura Vida Foundation sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 24th percentile within WA. Charities of a similar size with the same main cause include North Andover Lacrosse Association Inc ($75k), Greenfield Girls Softball League Inc ($75k) and Fifth Quarter Club ($75k).

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 $57k against liabilities of $0, net assets of $57k.