Trustees of Purdue University

Analysis

Trustees of Purdue University is a registered charity in United States, based in Lafayette, 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 September 2022, Trustees of Purdue University reported income of $175k and spending of $163k, spending 93% of its income. Across the 4 years on record, from September 2019 to September 2022, income grew from $169k to $175k (+4.1%), an average of +1.4% a year. The sharpest change came in the year to September 2021, when income rose by 355%. Over the whole period it spent 105% 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 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 50th percentile within IN. Charities of a similar size with the same main cause include School District Number 25 Education Foundation Inc ($175k), Fbi National Academy Associates Inc ($176k) and PTA California Congress of Parents Teachers & Students Inc ($175k).

On its Form 990 for the period ending September 2022, revenue came from contributions and grants 17% and program service revenue 83% of the total. At year end it held assets of $213k against liabilities of $2,388, net assets of $211k.