Purpose Productions Inc

Analysis

Purpose Productions Inc is a registered charity in United States, based in Carmel, IN. It received its IRS tax-exemption ruling in November 2018, 8 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Purpose Productions Inc reported income of $142k and spending of $136k, spending 96% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $113k to $142k (+26%), an average of +26% a year. The sharpest change came in the year to December 2023, when income rose by 26%. Over the whole period it spent 96% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Purpose Productions Inc sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 44th percentile within IN. Charities of a similar size with the same main cause include Braintree Historical Society Inc ($142k), Big Eight Foundation ($142k) and Writing for a Change Foundation of Bloomington Inc ($142k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 96% of the total. At year end it held assets of $12k against liabilities of $0, net assets of $12k.