USA Research and Technology Corporation

Analysis

USA Research and Technology Corporation is a registered charity in United States, based in Mobile, AL. It received its IRS tax-exemption ruling in May 2004, 22 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, USA Research and Technology Corporation reported income of $4.2m and spending of $3.9m, spending 94% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $3.6m to $4.2m (+17%), an average of +4.1% a year. The sharpest change came in the year to September 2022, when income rose by 22%. Over the whole period it spent 92% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, USA Research and Technology Corporation sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 94th percentile within AL. Charities of a similar size with the same main cause include Centreville Layton School Inc ($4.2m), Clifton Cheder Inc ($4.2m) and Friends Of@discovery Health Sciences Foundation Inc ($4.2m).

On its Form 990 for the period ending September 2023, revenue came from program service revenue 95% of the total. At year end it held assets of $33.1m against liabilities of $30.4m, net assets of $2.8m.