Organic Syntheses Inc Wayne State University

Analysis

Organic Syntheses Inc Wayne State University is a registered charity in United States, based in Waco, TX. It received its IRS tax-exemption ruling in October 1944, 82 years ago. Its declared purposes cover science and technology, which this site groups under arts, culture, heritage and science. The IRS classifies it as a private non-operating foundation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2021, Organic Syntheses Inc Wayne State University reported income of $2.2m and spending of $526k, leaving 76% of income unspent that year. Across the 3 years on record, from December 2019 to December 2021, income grew from $519k to $2.2m (+317%), an average of +104% a year. The sharpest change came in the year to December 2021, when income rose by 327%. Over the whole period it spent 42% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Organic Syntheses Inc Wayne State University sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 90th percentile within TX. Charities of a similar size with the same main cause include South Florida Symphony Orchestra Inc ($2.2m), Children After School Arts ($2.2m) and Baptist Clinical Research Institute Inc ($2.2m).

Compensation of current officers, directors and key employees was $60k (11% of expenses). At year end it held assets of $16.5m against liabilities of $67k, net assets of $16.4m.