Purple and Gold Legacy Foundation

Analysis

Purple and Gold Legacy Foundation is a registered charity in United States, based in Pine Bluffs, WY. It received its IRS tax-exemption ruling in June 2022, 4 years ago. Its declared purposes cover youth development, which this site groups under children and youth 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 December 2023, Purple and Gold Legacy Foundation reported income of $86k and spending of $73k, spending 85% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $100k to $86k (-14%), an average of -14% a year. Over the whole period it spent 79% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Purple and Gold Legacy Foundation sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 28th percentile within WY. Charities of a similar size with the same main cause include Fontana Skyhawks Youth Athletics ($86k), BF Community Bike Project Inc ($86k) and Sun Lakes Rotary Foundation 2000 ($86k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 66% of the total. At year end it held assets of $38k against liabilities of $0, net assets of $38k.