Auburn Research and Technology Foundation

Analysis

Auburn Research and Technology Foundation is a registered charity in United States, based in Auburn, AL. It received its IRS tax-exemption ruling in May 2006, 20 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, Auburn Research and Technology Foundation reported income of $1.9m and spending of $1.8m, spending 91% of its income. Across the 5 years on record, from September 2019 to September 2023, income fell from $2.2m to $1.9m (-10%), an average of -2.7% a year. The sharpest change came in the year to September 2022, when income rose by 18%. Over the whole period it spent 90% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Auburn Research and Technology Foundation sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 89th percentile within AL. Charities of a similar size with the same main cause include Fly Gateway Aviation Institute ($1.9m), Public Schools of Hawaii Foundation ($1.9m) and The Chatfield Edge ($1.9m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 2.9% and program service revenue 0.0% of the total. At year end it held assets of $15.4m against liabilities of $2.5m, net assets of $12.9m.