Explore with Purpose

Analysis

Explore with Purpose is a registered charity in United States, based in Excelsior, MN. It received its IRS tax-exemption ruling in September 2023, 3 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, Explore with Purpose reported income of $144k and spending of $41k, leaving 72% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $68k to $144k (+112%), an average of +112% a year. The sharpest change came in the year to December 2023, when income rose by 112%. Over the whole period it spent 38% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Explore with Purpose sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 44th percentile within MN. Charities of a similar size with the same main cause include Naledi ($144k), Christian Education in Liberia ($144k) and Palm Grove Haiti Mission Inc ($144k).

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 $132k against liabilities of $0, net assets of $132k.