Julies Purse Project

Analysis

Julies Purse Project is a registered charity in United States, based in Granite Bay, CA. It received its IRS tax-exemption ruling in July 2019, 7 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 September 2023, Julies Purse Project reported income of $114k and spending of $114k, spending 100% of its income. Across the 2 years on record, from September 2022 to September 2023, income fell from $170k to $114k (-33%), an average of -33% a year. The sharpest change came in the year to September 2023, when income dropped by 33%. Over the whole period it spent 100% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Julies Purse Project sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 42nd percentile within CA. Charities of a similar size with the same main cause include Midsouth Collaborative Inc ($114k), McDowell County Convention and Vistors Bureau Inc ($114k) and Fayette Main St Inc ($114k).

On its Form 990-EZ for the period ending September 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $1,856 against liabilities of $0, net assets of $1,856.