Indiana University Research & Technology Corp

Analysis

Indiana University Research & Technology Corp is a registered charity in United States, based in Bloomington, IN. It received its IRS tax-exemption ruling in January 1997, 29 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, Indiana University Research & Technology Corp reported income of $414k and spending of $1.7m, spending 416% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $1.4m to $414k (-71%), an average of -27% a year. The sharpest change came in the year to June 2022, when income rose by 864%. Over the whole period it spent 88% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Indiana University Research & Technology Corp sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 67th percentile within IN. Charities of a similar size with the same main cause include Nevada Hosa ($414k), Israel Renaissance Fund Inc ($414k) and Old Orchard Beach Free Public Library Association ($414k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 22% and program service revenue 239% of the total. Compensation of current officers, directors and key employees was $682k (40% of expenses). Other salaries and wages came to $218k. At year end it held assets of $20.1m against liabilities of $554k, net assets of $19.5m. It reported 8 employees.