Trustees of Purdue University

Analysis

Trustees of Purdue University is a registered charity in United States, based in Noblesville, 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 $155k and spending of $173k, spending 111% of what it took in. Across the 6 years on record, from December 2018 to December 2023, income grew from $149k to $155k (+3.9%), an average of +0.8% a year. The sharpest change came in the year to December 2021, when income rose by 18%. Over the whole period it spent 92% 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 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 46th percentile within IN. Charities of a similar size with the same main cause include New Hampshire Alliance for End of Life Options ($155k), Homelands Research Group ($155k) and Victor Valley Community Concert Association Inc ($155k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% and program service revenue 1.8% of the total. Compensation of current officers, directors and key employees was $2,000 (1.2% of expenses). At year end it held assets of $697k against liabilities of $23k, net assets of $674k. It reported 1 employees.