Ignite Purpose

Analysis

Ignite Purpose is a registered charity in United States, based in Purcellville, VA. It received its IRS tax-exemption ruling in July 2020, 6 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Ignite Purpose reported income of $75k and spending of $76k, spending 102% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $57k to $75k (+32%), an average of +32% a year. The sharpest change came in the year to December 2023, when income rose by 32%. Over the whole period it spent 117% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Ignite Purpose sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 29th percentile within VA. Charities of a similar size with the same main cause include International Churches Ministry Inc ($75k), Project 43 19 Inc ($75k) and Citizens Committee ($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 $12k against liabilities of $0, net assets of $12k.