Purposeful Living Inc

Analysis

Purposeful Living Inc is a registered charity in United States, based in Carmel, IN. It received its IRS tax-exemption ruling in May 2017, 9 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, Purposeful Living Inc reported income of $214k and spending of $219k, spending 102% of its income. Across the 3 years on record, from December 2021 to December 2023, income fell from $226k to $214k (-5.2%), an average of -2.6% a year. Over the whole period it spent 94% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Purposeful Living Inc sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 54th percentile within IN. Charities of a similar size with the same main cause include Fairhaven Ministry of Faith Hope and Love ($214k), Center for Family Life Community Resource Center Corp ($214k) and Shri Service Corps ($214k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 49% of the total. Compensation of current officers, directors and key employees was $118k (54% of expenses). Other salaries and wages came to $49k. At year end it held assets of $125k against liabilities of $3,815, net assets of $121k. It reported 3 employees.