Purdue Research Foundation
1281 Win Hentschel Blvd, West Lafayette, IN · IRS data through FY2025
Revenue, expenses and net assets
Revenue Expenses Net assets
| Tax year | Revenue | Expenses | Net assets |
|---|---|---|---|
| FY2025 | $235,308,994 | $196,204,296 | $1,458,279,696 |
| FY2024 | $322,760,840 | $335,614,829 | $1,363,111,641 |
| FY2023 | $169,421,704 | $199,166,269 | $1,300,044,603 |
| FY2022 | $255,699,800 | $157,836,051 | $1,308,883,847 |
| FY2021 | $243,924,162 | $138,495,804 | $1,330,976,584 |
| FY2020 | $183,185,294 | $153,938,530 | $1,022,741,030 |
| FY2019 | $212,466,003 | $138,290,498 | $1,043,027,660 |
| FY2018 | $195,009,071 | $133,415,241 | $1,020,681,072 |
| FY2017 | $313,161,446 | $124,552,563 | $994,723,657 |
| FY2016 | $130,747,610 | $111,877,784 | $898,219,891 |
| FY2015 | $187,888,144 | $149,805,823 | $958,392,922 |
| FY2014 | $130,069,593 | $84,532,555 | $958,533,073 |
| FY2013 | $71,197,055 | $72,316,863 | $858,399,032 |
| FY2012 | $70,119,579 | $71,926,128 | $796,950,587 |
Form 990 filings
The returns filed by Purdue Research Foundation (EIN 35-1052049), including Form 990 PDFs and e-file data by year, are available in ProPublica's Nonprofit Explorer. The figures on this page come from IRS data files built from those returns.
Where the revenue came from
| Source | Amount | % of revenue |
|---|---|---|
| Contributions & grants | $68,121,406 | 29% |
| Program service revenue | $45,872,228 | 19% |
| Other revenue | $121,315,360 | 52% |
Where the money was spent
| Category | Amount | % of expenses |
|---|---|---|
| Program services | $111,067,517 | 57% |
| Management & general | $38,478,060 | 20% |
| Fundraising | $46,658,719 | 24% |
What the numbers show
- Other revenue made up 52% of total revenue in FY2025.
- Program services accounted for 57% of functional expenses, management & general 20%, and fundraising 24%.
- 57% of functional expenses went to program services in FY2025. That is higher than 2.5% of 81 Education organizations in IN.
- Net assets covered about 89.2 months of expenses at the end of the reporting year. That puts it in the 82nd percentile among 1090 Education organizations in IN.
- Total revenue was higher than 99.8% of 1109 Education organizations in IN.
- Total revenue rose from $70,119,579 in FY2012 to $235,308,994 in FY2025. Revenue increased in 8 and decreased in 5 of 13 year-over-year comparisons.
- Expenses exceeded revenue in 4 of 14 reported years (FY2012, FY2013, FY2023, FY2024).
- The highest revenue on record here is $322,760,840 in FY2024.
- Net assets grew from $796,950,587 to $1,458,279,696 between FY2012 and FY2025.
- Contributions and grants made up 18% of revenue in FY2012 and 29% in FY2025.
- Listed in the IRS Publication 78 data as eligible to receive tax-deductible contributions (public charity).
Figures compared against other organizations of the same NTEE program area in the same state. See the methodology page for how these are calculated and the guide to reading nonprofit financials for their limits.
About this organization
The primary mission of Purdue Research Foundation is to advance the mission of Purdue University.
IRS status
| Ruling year | 1931 |
| Subsection | 501(c)(3) |
| Classification | Public charity |
| Program area (NTEE) | B110 — Education (in IN) |
| Donations | Listed in the IRS Publication 78 data as eligible to receive tax-deductible contributions (public charity). |
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Source: Internal Revenue Service — Exempt Organizations Business Master File (downloaded November 4, 2026), Statistics of Income extracts, Form 990 e-file data, Publication 78 and the Automatic Revocation list. Figures are as reported by the organization; IRS processing may adjust them. This is not a charity rating and not tax advice. Confirm deductibility in IRS Tax Exempt Organization Search.
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