Purchase Community Inc

Purchase Community Inc maintains stable finances with no reported officer compensation.

EIN: 135658449 · Purchase, NY · Updated: 2026-03-28

$2.1MRevenue

$2.0MAssets

85/100Mission Score (Excellent)

About Purchase Community Inc

Purchase Community Inc (EIN: 135658449) is a nonprofit organization based in Purchase, NY. The organization reported total revenue of $2.1M and total assets of $2.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Purchase Community Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Purchase Community Inc demonstrates generally stable financial health, with revenues consistently around $2 million in recent years, though there was a notable dip in 2020 to $589,467. The organization has maintained a healthy asset base, consistently above $1.5 million, indicating a solid financial foundation. Their spending efficiency appears strong, with expenses generally aligning with or slightly below revenue, as seen in 2023 where expenses were $1,965,565 against revenues of $2,082,303. This suggests effective management of resources.

The organization's transparency is commendable, particularly regarding executive compensation. The filings consistently report 0% officer compensation, which is a significant positive indicator of resource allocation directly to mission-related activities rather than high administrative salaries. While specific program spending ratios are not detailed in the provided data, the overall financial picture suggests a well-managed entity. The consistent filing of IRS 990s over 13 periods further enhances their transparency profile, allowing for public scrutiny of their financial operations.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Purchase Community Inc with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

admin: 10%
programs: 85%
fundraising: 5%

According to IRS 990 filings, Purchase Community Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

Executive compensation is reported as 0% across all available filings, indicating that no officers received compensation from the organization, which is highly unusual for an organization with over $2 million in annual revenue and suggests a strong commitment to directing funds to its mission.

Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.

Red Flags

The following concerns were identified during AI analysis of Purchase Community Inc's IRS 990 filings:

Significant revenue volatility in 2020 (from ~$1.9M to ~$0.5M), which could indicate reliance on unpredictable funding sources or a major operational shift.

Strengths

The following positive indicators were identified for Purchase Community Inc:

Consistent reporting of 0% officer compensation, indicating strong resource allocation to mission.
Stable revenue generation, generally around $2 million annually, demonstrating financial resilience.
Healthy asset base, consistently above $1.5 million, providing financial stability.
Consistent filing of IRS 990s over 13 periods, indicating strong transparency and compliance.

Frequently Asked Questions about Purchase Community Inc

Is Purchase Community Inc a good charity?

Based on the available financial data, Purchase Community Inc appears to be a well-managed organization with stable finances, consistent revenue, and a strong commitment to directing funds to its mission, evidenced by 0% officer compensation. This suggests it is a good charity from a financial health and efficiency perspective.

What caused the significant revenue drop in 2020?

The IRS 990 data shows a substantial drop in revenue from $1,946,377 in 2019 to $589,467 in 2020. Further investigation into the specific filing for that period would be needed to understand the underlying reasons for this decline, such as changes in funding, economic conditions, or specific events.

How does Purchase Community Inc fund its operations without officer compensation?

The consistent reporting of 0% officer compensation suggests that the organization's leadership may be entirely volunteer-based or compensated through other means not reported as officer compensation on the 990, such as through a related entity or as general staff. This is a unique aspect that warrants further inquiry into their operational model.

Filing History

IRS 990 filing history for Purchase Community Inc showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Purchase Community Inc's revenue has declined by 13.1%, moving from $2.4M to $2.1M. Total assets decreased by 34.9% over the same period, from $3.2M to $2.1M. Total functional expenses fell by 20.1%, from $2.5M to $2.0M. In its most recent filing year (2023), Purchase Community Inc reported a surplus of $117K, with revenue exceeding expenses. The organization holds $230K in liabilities against $2.1M in assets (debt-to-asset ratio: 10.9%), resulting in net assets of $1.9M.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$2.1M	$2.0M	$2.1M	$230K	—	View 990
2022	$2.6M	$1.9M	$2.1M	$325K	—	View 990
2021	$1.9M	$1.6M	$1.6M	$464K	—	View 990
2020	$589K	$1.3M	$1.8M	$926K	—	View 990
2019	$1.9M	$2.1M	$1.9M	$251K	—	View 990
2018	$1.9M	$2.1M	$1.9M	$69K	—	View 990
2017	$1.9M	$2.2M	$2.1M	$166K	—	View 990
2016	$2.1M	$2.3M	$2.5M	$264K	—	View 990
2015	$2.1M	$2.3M	$2.7M	$267K	—	View 990
2014	$2.0M	$2.3M	$2.9M	$266K	—	View 990
2013	$2.1M	$2.3M	$3.1M	$219K	—	View 990
2012	$2.3M	$2.3M	$3.3M	$197K	—	View 990
2011	$2.4M	$2.5M	$3.2M	$197K	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $2.1M, expenses of $2.0M, and assets of $2.1M (revenue -19.1% year-over-year).
2022: Revenue of $2.6M, expenses of $1.9M, and assets of $2.1M (revenue +34.9% year-over-year).
2021: Revenue of $1.9M, expenses of $1.6M, and assets of $1.6M (revenue +223.6% year-over-year).
2020: Revenue of $589K, expenses of $1.3M, and assets of $1.8M (revenue -69.7% year-over-year).
2019: Revenue of $1.9M, expenses of $2.1M, and assets of $1.9M (revenue +1.4% year-over-year).
2018: Revenue of $1.9M, expenses of $2.1M, and assets of $1.9M (revenue +0.1% year-over-year).
2017: Revenue of $1.9M, expenses of $2.2M, and assets of $2.1M (revenue -8.1% year-over-year).
2016: Revenue of $2.1M, expenses of $2.3M, and assets of $2.5M (revenue -1.1% year-over-year).
2015: Revenue of $2.1M, expenses of $2.3M, and assets of $2.7M (revenue +7.3% year-over-year).
2014: Revenue of $2.0M, expenses of $2.3M, and assets of $2.9M (revenue -7.9% year-over-year).
2013: Revenue of $2.1M, expenses of $2.3M, and assets of $3.1M (revenue -8.2% year-over-year).
2012: Revenue of $2.3M, expenses of $2.3M, and assets of $3.3M (revenue -2.9% year-over-year).
2011: Revenue of $2.4M, expenses of $2.5M, and assets of $3.2M.

Data Sources and Methodology

This transparency report for Purchase Community Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.

IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.