Purpose Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,207,428 | 796,789 | 410,639 | 12.9 | 32% |
| 2012 | 1,089,418 | 1,257,795 | −168,377 | 6.6 | 37% |
| 2013 | 1,611,628 | 1,448,223 | 163,405 | 7.1 | 45% |
| 2014 | 807,420 | 1,485,858 | −678,438 | 1.4 | 41% |
| 2015 | 14,747 | 66,758 | −52,011 | 22.1 | — |
| 2018 | 300,000 | 299,611 | 389 | 0.2 | 0% |
| 2019 | 5,007,402 | 2,114,648 | 2,892,754 | 16.4 | 0% |
| 2020 | 11,759,842 | 12,123,571 | −363,729 | 2.6 | 0% |
| 2021 | 11,041,724 | 12,078,698 | −1,036,974 | 1.5 | 1% |
| 2022 | 10,895,323 | 11,464,008 | −568,685 | 1.0 | 3% |
| 2023 | 4,330,431 | 4,930,510 | −600,079 | 0.9 | 5% |
In its most recent public year (2023), this organization spent $600,079 more than it brought in. Its reserves stood at about 0.9 months of spending, down from 12.9 in 2011. Staff pay was 5% of spending. $345,658 of its net assets are donor-restricted.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
Purpose Foundation's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works