Purple Heart Foundation
Year Founded:
1994
Address:
PO Box 49
Annandale, VA
EIN:
59-3184919
Top Leadership Pay:
CEO Stephen Ruckman, $185,000
Employees:
63
Revenue:
$20,066,608
Expenses:
$20,481,409
Description
Based on its 2019 tax return, we calculate that Purple Heart Foundation spent 92.6 percent of its $20.5 million budget on overhead. This is higher than our recommended 25 percent overhead spending.
According to the New York Attorney General, Purple Heart Foundation reported raising $3,544,374.74 in solicitation campaigns between 2012 and 2018. Of this, only $1,185,977.84 (33.5 percent) went to the charity; the rest was kept by the solicitor. Read more here.
We do not recommend giving to Purple Heart Foundation. See our lists of Highly Recommended Charities and Recommended Charities for alternatives.
Mission Statement
The mission of the Purple Heart Foundation is to holistically enhance the quality of life of all veterans and their families, providing them with direct service and fostering an environment of comradery and goodwill among combat wounded veterans.