Purdue Research Foundation: $169.4M Revenue, $199.2M Expenses

Purdue Research Foundation pulls a D on the efficiency rubric. The composite of 41/100 reflects below-median performance on the bundle of factors — typically driven by thin operating reserves, volatile revenue, or outsized officer compensation relative to organizational size.

Annual revenue at Purdue Research Foundation runs $169.4M (2023), placing it among the larger U.S. nonprofits in the IRS Form 990 dataset. Reserves are the limiting factor: Purdue Research Foundation carries relatively few months of operating expenses on its balance sheet, which can leave an organization exposed if a major funding source pauses.

Five-year revenue trend is mildly negative: a modest decline that could reflect grant-cycle timing, donor turnover, or program wind-down. Worth checking against the program-spending pattern to see whether the decline is structural. Officer compensation is modest relative to organizational size: Purdue Research Foundation reports $2.1M in total compensation for current officers and key employees (Form 990 Part IX, line 5) against $169.4M in revenue. The ratio is well within the bands third-party charity raters consider reasonable at this scale. In the Education category, Purdue Research Foundation sits alongside universities, K-12 systems, scholarship funds, and education-research organizations. Education-sector nonprofits often hold large endowments, which affects how the reserves-and-revenue figures should be read.