Trustees of Purdue University

Analysis

Trustees of Purdue University is a registered charity in United States, based in Washington, 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 $278k and spending of $114k, leaving 59% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $344k to $278k (-19%), an average of -5.2% a year. The sharpest change came in the year to December 2022, when income rose by 116%. Over the whole period it spent 37% 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 59th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 60th percentile within IN. Charities of a similar size with the same main cause include McNeese State University Alumni Association ($278k), W N Y Town of Clarence Baseball Association Inc ($278k) and Latin Equip Inc ($278k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 79% and program service revenue 21% of the total. At year end it held assets of $859k against liabilities of $0, net assets of $859k.