Trustees of Purdue University

Analysis

Trustees of Purdue University is a registered charity in United States, based in Columbia City, IN. It received its IRS tax-exemption ruling in June 2013, 13 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 October 2023, Trustees of Purdue University reported income of $285k and spending of $283k, spending 100% of its income. Across the 4 years on record, from October 2020 to October 2023, income grew from $192k to $285k (+48%), an average of +14% a year. The sharpest change came in the year to October 2021, when income rose by 86%. Over the whole period it spent 93% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Trustees of Purdue University sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 60th percentile within IN. Charities of a similar size with the same main cause include Annapolis Arts Alliance Inc ($285k), Harmony Library Association ($285k) and Charlevoix Historical Society ($285k).

On its Form 990 for the period ending October 2023, revenue came from contributions and grants 12% and program service revenue 0.3% of the total. Compensation of current officers, directors and key employees was $3,600 (1.3% of expenses). Other salaries and wages came to $37k. At year end it held assets of $830k against liabilities of $812, net assets of $829k. It reported 2 employees.