Trustees of Purdue University

Analysis

Trustees of Purdue University is a registered charity in United States, based in Danville, IN. It received its IRS tax-exemption ruling in June 2013, 13 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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 $1.6m and spending of $1.4m, spending 91% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.1m to $1.6m (+45%), an average of +9.8% a year. The sharpest change came in the year to December 2021, when income rose by 50%. Over the whole period it spent 90% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Trustees of Purdue University sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 84th percentile within IN. Charities of a similar size with the same main cause include Congressional Sports for Charity ($1.6m), Holistic Haitian Alliance ($1.6m) and Coastal Futbol Alliance Inc ($1.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 56% and program service revenue 38% of the total. Compensation of current officers, directors and key employees was $52k (3.7% of expenses). Other salaries and wages came to $120k. At year end it held assets of $2.0m against liabilities of $155k, net assets of $1.8m. It reported 17 employees.