Dave Purchase Project

Analysis

Dave Purchase Project is a registered charity in United States, based in Tacoma, WA. It received its IRS tax-exemption ruling in April 1993, 33 years ago. Its declared purposes cover diseases, disorders and medical disciplines, which this site groups under health and saving lives. 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 June 2023, Dave Purchase Project reported income of $9.3m and spending of $8.9m, spending 96% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $5.3m to $9.3m (+75%), an average of +20% a year. The sharpest change came in the year to June 2021, when income rose by 36%. Over the whole period it spent 89% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Dave Purchase Project sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 96th percentile within WA. Charities of a similar size with the same main cause include Sharsheret Inc ($9.3m), Melanoma Research Alliance Foundation ($9.3m) and Fairview Haven Inc ($9.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 75% of the total. Compensation of current officers, directors and key employees was $271k (3.1% of expenses). Other salaries and wages came to $976k. At year end it held assets of $7.2m against liabilities of $2.6m, net assets of $4.5m. It reported 29 employees.