Western Carolina University Research & Development Corporation

Analysis

Western Carolina University Research & Development Corporation is a registered charity in United States, based in Cullowhee, NC. It received its IRS tax-exemption ruling in August 2002, 24 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 June 2024, Western Carolina University Research & Development Corporation reported income of $2.3m and spending of $1.8m, leaving 24% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income fell from $2.6m to $2.3m (-8.1%), an average of -2.1% a year. Over the whole period it spent 82% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Western Carolina University Research & Development Corporation sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 88th percentile within NC. Charities of a similar size with the same main cause include Regents Academy of Nacogdoches Inc ($2.3m), Live Oak Waldorf School ($2.3m) and Cambridge School Inc ($2.3m).

On its Form 990 for the period ending June 2024, revenue came from program service revenue 32% of the total. At year end it held assets of $48.6m against liabilities of $43.2m, net assets of $5.4m.