Trustees of Purdue University

Analysis

Trustees of Purdue University is a registered charity in United States, based in Rochester, 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 $297k and spending of $148k, leaving 50% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $107k to $297k (+178%), an average of +29% a year. The sharpest change came in the year to December 2022, when income rose by 191%. Over the whole period it spent 67% 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 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 61st percentile within IN. Charities of a similar size with the same main cause include Youth and Families for Christ Inc ($297k), Stadium High School Boosters ($297k) and Southern West Virginia Fellowship Home Inc ($297k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 65% and program service revenue 17% of the total. It paid $34k in professional fundraising fees. At year end it held assets of $1.2m against liabilities of $29k, net assets of $1.1m.