Policy Research Inc

Analysis

Policy Research Inc is a registered charity in United States, based in Troy, NY. It received its IRS tax-exemption ruling in February 1996, 30 years ago. Its declared purposes cover science and technology, which this site groups under arts, culture, heritage and science. 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 2023, Policy Research Inc reported income of $3.2m and spending of $3.0m, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.1m to $3.2m (+179%), an average of +29% a year. The sharpest change came in the year to December 2022, when income rose by 65%. Over the whole period it spent 96% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Policy Research Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 86th percentile within NY. Charities of a similar size with the same main cause include Inner City Youth Orchestra of Los Angeles Incorporated ($3.2m), Maryland Youth Ballet Inc ($3.2m) and Emerson Umbrella Inc ($3.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 7.6% and program service revenue 92% of the total. Other salaries and wages came to $548k. At year end it held assets of $1.0m against liabilities of $610k, net assets of $417k. It reported 7 employees.