Uncw Research Foundation

Analysis

Uncw Research Foundation is a registered charity in United States, based in Wilmington, NC. It received its IRS tax-exemption ruling in December 2014, 12 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Uncw Research Foundation reported income of $475k and spending of $392k, spending 83% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $368k to $475k (+29%), an average of +8.9% a year. The sharpest change came in the year to June 2023, when income rose by 18%. Over the whole period it spent 94% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Uncw Research Foundation sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 69th percentile within NC. Charities of a similar size with the same main cause include Eta Nu Education Foundation Inc ($475k), Appleseeds Performing Arts Academy Inc ($475k) and Shepherds Kids Preschool Inc ($475k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.6% and program service revenue 56% of the total. At year end it held assets of $602k against liabilities of $6,546, net assets of $595k.