Charity Search / PURPLE HEART PROJECT
Employment (J99) IRS Verified DX Registered 990 on File

PURPLE HEART PROJECT

EIN: 88-2217122 · ROY, WA 98580-8454 · United States · FY 2025 Data
3 out of 5 52 / 100 Based on 2+ years of filings
Financial strength (30%) 81/100
Reliability (20%) 40/100
Effectiveness (25%) 78/100
Impact (25%) No data yet
Financial data: FY 2025 · Scored 9/13/2026
PURPLE HEART PROJECT logo
60
CharityAI™ Score
out of 100
Mission Statement

Introduce mentally and physically combat wounded Veterans still suffering from the negative impacts of combat, to the peace and joy found through the therapy of hand tool woodworking

Financial Overview — FY 2025
$370K
Annual Budget
$422K
Total Revenue
$330K
Total Expenses
$336K
Net Assets
0
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 94.0%
Fundraising Efficiency 7.0%
Operating Reserve 12.21x
Liability-to-Asset 0.1%
Revenue Diversification 93.1%
Compared with Peers
FY 2025
Compared with 481 similar organizations (United States, Employment, $100K–$1M in expenses), FY 2025.
This organization Middle half of peers (P25–P75) Peer median
Ratio This org Peer median Position (P10 → P90)
Program expense ratio
Program expenses / total expenses · higher is better
94.0% 82.8%
P10P90
Above median
Admin expense ratio
Management and general / total expenses · lower is better
5.4% 13.4%
P10P90
Above median
Fundraising expense ratio
Fundraising expenses / total expenses · lower is better
0.6% 0.0%
P10P90
Below median
Fundraising efficiency
Fundraising expenses / gross fundraising income · lower is better
7.0% 18.5%
P10P90
Above median
Operating reserve
Months of expenses covered by net assets · higher is better
12.2 mo 8.3 mo
P10P90
Above median
Liabilities to assets
Total liabilities / total assets · lower is better
0.1% 2.7%
P10P90
Above median
Revenue concentration
Share of revenue from the largest source · lower is better
93.1% 94.4%
P10P90
Above median
Revenue growth
Year over year revenue growth
2.0% 6.8%
P10P90
Expense growth
Year over year expense growth
9.9% 5.4%
P10P90
Surplus margin
Surplus as a share of revenue
21.8% 3.4%
P10P90
CharityAI™ Evaluation — 2025
60 / 100
76
Financial
67
Reliability
87
Effectiveness
10
Impact
Financial Strength (30%) 76
Reliability & Transparency (20%) 67
Program Effectiveness (25%) 87
Impact & Outcomes (25%) 10

0 programs 0 staff

IRS Verified Form 990 on File 90% Data Complete
Impact
1 program
Outcome / Program People Served Cost / Service # Completed Duration
Reduced systems of combat trauma, improved resilience, rebuild confidence, renewed sence of purpose 42 $6,746.76 — Lifetime
Geographic Reach
National 95% International 5%
Financial History
Year Revenue Expenses Net Assets Program % Staff
2025 $422K $330K $336K 94.0% 0
2024 $414K $300K $244K 93.1% 0
2023 $280K $194K $130K 81.8% 0
2022 $45K N/A $45K — —
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Organization Details
EIN
88-2217122
State
WA
City
ROY
ZIP
98580-8454
Classification
J99
Category
Employment
Rating
3★
Coverage
A
Last Updated
Aug 2026
IRS Ruling Year
2022
Foundation Code
15
Form 990
On File
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