Purple Plunge Inc

Analysis

Purple Plunge Inc is a registered charity in United States, based in Lake Zurich, IL. It received its IRS tax-exemption ruling in June 2016, 10 years ago. Its declared purposes cover diseases, disorders and medical disciplines, which this site groups under health and saving lives. 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 Plunge Inc reported income of $205k and spending of $193k, spending 94% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $181k to $205k (+13%), an average of +13% a year. Over the whole period it spent 86% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Purple Plunge Inc sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 55th percentile within IL. Charities of a similar size with the same main cause include Outsiders Anonymous ($205k), Accentcare Hospice Foundation ($205k) and North Dakota Teen Challenge Foundation ($205k).

At year end it held assets of $105k against liabilities of $0, net assets of $105k.