Purple Monkey Project Inc

Analysis

Purple Monkey Project Inc is a registered charity in United States, based in Fairfield, OH. It received its IRS tax-exemption ruling in January 2022, 4 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Purple Monkey Project Inc reported income of $82k and spending of $89k, spending 108% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $63k to $82k (+29%), an average of +30% a year. The sharpest change came in the year to December 2023, when income rose by 29%. Over the whole period it spent 95% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Purple Monkey Project Inc sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 32nd percentile within OH. Charities of a similar size with the same main cause include Mounds View High School Football Booster Club ($82k), John Adams Elementary School PTO ($82k) and Harvard-Kent Parents Association Inc ($82k).

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 $19k against liabilities of $0, net assets of $19k.