Northern Kentucky University Research Foundation Inc

Analysis

Northern Kentucky University Research Foundation Inc is a registered charity in United States, based in Highland Heights, KY. It received its IRS tax-exemption ruling in February 2006, 20 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2024, Northern Kentucky University Research Foundation Inc reported income of $3.7m and spending of $3.6m, spending 99% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $2.1m to $3.7m (+76%), an average of +12% a year. The sharpest change came in the year to June 2022, when income rose by 211%. 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, Northern Kentucky University Research Foundation Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 90th percentile within KY. Charities of a similar size with the same main cause include Keystone Science School Inc ($3.7m), Pathways in Education-Louisiana Inc ($3.7m) and Seacoast Charter School ($3.7m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $2.0m against liabilities of $656k, net assets of $1.4m.