Asu Research and Innovation Foundation Inc

Analysis

Asu Research and Innovation Foundation Inc is a registered charity in United States, based in State Univ, AR. 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 supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Asu Research and Innovation Foundation Inc reported income of $95k and spending of $42k, leaving 55% of income unspent that year. Across the 2 years on record, from June 2022 to June 2023, income grew from $65k to $95k (+47%), an average of +47% a year. The sharpest change came in the year to June 2023, when income rose by 47%. Over the whole period it spent 59% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Asu Research and Innovation Foundation Inc sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 34th percentile within AR. Charities of a similar size with the same main cause include North Woods Elementary Parent Teacher Organization ($95k), Friends of Dana and Correia Middle Schools ($95k) and Honolulu Police Community Foundation ($95k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 1.5% and program service revenue 75% of the total. At year end it held assets of $239k against liabilities of $0, net assets of $239k.