Purdue Farmhouse Foundation

Analysis

Purdue Farmhouse Foundation is a registered charity in United States, based in W Lafayette, IN. It received its IRS tax-exemption ruling in April 1977, 49 years ago. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Purdue Farmhouse Foundation reported income of $481k and spending of $542k, spending 113% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $129k to $481k (+272%), an average of +272% a year. The sharpest change came in the year to December 2023, when income rose by 272%. Over the whole period it spent 108% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Purdue Farmhouse Foundation sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 70th percentile within IN. Charities of a similar size with the same main cause include South Texas Youth Soccer Association ($481k), Bozeman Public Schools Foundation ($481k) and Kentucky Baptist Fellowship Inc ($481k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 99% of the total. At year end it held assets of $561k against liabilities of $0, net assets of $561k.