Trustees of Purdue University

Analysis

Trustees of Purdue University is a registered charity in United States, based in Reynolds, 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 December 2023, Trustees of Purdue University reported income of $790k and spending of $626k, leaving 21% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $575k to $790k (+37%), an average of +8.3% a year. The sharpest change came in the year to December 2021, when income rose by 74%. Over the whole period it spent 91% 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 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 77th percentile within IN. Charities of a similar size with the same main cause include Staten Island Center for Independent Living Inc ($790k), Pritchard-Laughlin Center ($790k) and Tunkhannock Library Assoc ($790k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $1.3m against liabilities of $0, net assets of $1.3m.