Trustees of Purdue University

Analysis

Trustees of Purdue University is a registered charity in United States, based in Bluffton, 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 November 2023, Trustees of Purdue University reported income of $442k and spending of $400k, spending 91% of its income. Across the 5 years on record, from November 2019 to November 2023, income grew from $284k to $442k (+55%), an average of +12% a year. The sharpest change came in the year to November 2022, when income rose by 30%. Over the whole period it spent 101% 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 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 68th percentile within IN. Charities of a similar size with the same main cause include Colfax Todds Vly Cons Tribe of Colfax Rancheria and Koyo Land Con ($442k), Afton Alps Alpine Club ($442k) and HFV Wilson Center Authority Inc ($442k).

On its Form 990 for the period ending November 2023, revenue came from contributions and grants 59% and program service revenue 17% of the total. Other salaries and wages came to $75k. At year end it held assets of $1.3m against liabilities of $20k, net assets of $1.2m. It reported 3 employees.