Student Research and Development

Analysis

Student Research and Development is a registered charity in United States, based in Seattle, WA. It received its IRS tax-exemption ruling in August 2009, 17 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 2023, Student Research and Development reported income of $259k and spending of $270k, spending 104% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $225k to $259k (+15%), an average of +3.6% a year. The sharpest change came in the year to June 2023, when income rose by 15%. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Student Research and Development sits at the 59th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 57th percentile within WA. Charities of a similar size with the same main cause include Aoba Educational Foundation ($259k), Literacy Lubbock ($259k) and Cherokee Warriors Touchdown Club LLC ($259k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 44% and program service revenue 56% of the total. Compensation of current officers, directors and key employees was $58k (21% of expenses). Other salaries and wages came to $45k. At year end it held assets of $119k against liabilities of $41k, net assets of $78k. It reported 8 employees.