Purchase Community Inc

Search Intent Cockpit

Purchase Community Inc Form 990, Revenue, CEO Pay, and IRS Filing Signals

Purchase Community Inc is surfaced here as a decision-ready nonprofit financial profile, not just a charity listing. The page consolidates IRS Form 990 revenue, expenses, assets, tax-exempt classification, executive compensation, mission score, red flags, and year-by-year filing history so donors, researchers, journalists, and grant teams can answer the common search questions around Purchase Community Inc in one place.

Is Purchase Community Inc Legit?

Some Concerns

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

IRS 990 Data Cockpit

Where the Money Comes From and Where It Goes

Across stored filings, Purchase Community Inc shows contribution history pending. Next enrichment targets: revenue-source fields, IRS BMF classification.

Decision Cockpit

One-Stop Donor, Research, and Peer Context Hub

Donation Decision Flow

From Trust Check to Better Alternatives

Alternative Shopping

Similar Nonprofits Donors Should Compare

Next Best Actions

Keep the Investigation Moving

Purchase Community Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

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.

Organization Overview

Purchase Community Inc is a mid-size nonprofit that has been operating for 41 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -1.2%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Financial Health Grade: A

In 2023, Purchase Community Inc reported a surplus of $117K with revenue exceeding expenses, holds 12.8 months of operating reserves (strong position), has a debt-to-asset ratio of 10.9% (very low leverage).

Financial Trends

Over 13 years of filings (2011–2023), Purchase Community Inc's revenue has declined at a compound annual growth rate (CAGR) of -1.2%.

IRS Tax-Exempt Classification

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

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.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

• The organization reported a surplus of $117K, with revenue exceeding expenses.
• Debt-to-asset ratio: 10.9%.

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

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-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.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Purchase Community Inc:

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.