Research Park at Sdsu

Analysis

Research Park at Sdsu is a registered charity in United States, based in Brookings, SD. It received its IRS tax-exemption ruling in September 2006, 20 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a organisation supporting a government-owned college or university under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Research Park at Sdsu reported income of $4.0m and spending of $1.3m, leaving 67% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $618k to $4.0m (+540%), an average of +59% a year. The sharpest change came in the year to December 2022, when income rose by 664%. Over the whole period it spent 17% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Research Park at Sdsu 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 91st percentile, and in the 90th percentile within SD. Charities of a similar size with the same main cause include Liberty Preparatory Christian Academy Inc ($4.0m), Valley School of Seattle ($4.0m) and Highland Park High School Parent Teacher Association ($4.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 90% and program service revenue 10% of the total. Compensation of current officers, directors and key employees was $178k (13% of expenses). At year end it held assets of $38.8m against liabilities of $678k, net assets of $38.1m. It reported 1 employees.