Pure Life Theatre Company

Analysis

Pure Life Theatre Company is a registered charity in United States, based in Raleigh, NC. It received its IRS tax-exemption ruling in December 2020, 6 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Pure Life Theatre Company reported income of $113k and spending of $84k, leaving 26% of income unspent that year. Across the 3 years on record, from June 2022 to June 2024, income grew from $68k to $113k (+65%), an average of +28% a year. The sharpest change came in the year to June 2024, when income rose by 47%. Over the whole period it spent 90% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Pure Life Theatre Company sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 38th percentile within NC. Charities of a similar size with the same main cause include One Planet One Future Foundation ($113k), Armstrong County Museum ($113k) and Interfaze Educational Productions Inc ($113k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 36% and program service revenue 64% of the total. At year end it held assets of $36k against liabilities of $0, net assets of $36k.