Trustees of Purdue University

Analysis

Trustees of Purdue University is a registered charity in United States, based in Richmond, 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 2022, Trustees of Purdue University reported income of $383k and spending of $333k, spending 87% of its income. Across the 2 years on record, from December 2021 to December 2022, income grew from $275k to $383k (+39%), an average of +39% a year. The sharpest change came in the year to December 2022, when income rose by 39%. Over the whole period it spent 81% 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 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 66th percentile within IN. Charities of a similar size with the same main cause include Mibor Foundation Inc ($383k), Khalif Homes Inc ($383k) and Amphitheater Public Schools Foundation Inc ($383k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 7.0% and program service revenue 92% of the total. At year end it held assets of $368k against liabilities of $0, net assets of $368k.