Academic-Industry Research Network

Analysis

Academic-Industry Research Network is a registered charity in United States, based in Cambridge, MA. It received its IRS tax-exemption ruling in January 2011, 15 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 December 2023, Academic-Industry Research Network reported income of $126k and spending of $149k, spending 118% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $142k to $126k (-11%), an average of -11% a year. Over the whole period it spent 107% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Academic-Industry Research Network sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 49th percentile within MA. Charities of a similar size with the same main cause include Micah 68 Project ($126k), Employment Disability Resources ($126k) and New York State Association for Women in Administration Inc ($126k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $1,301 against liabilities of $15k, net assets of -$14k.