Ndsu Research Foundation

Analysis

Ndsu Research Foundation is a registered charity in United States, based in Fargo, ND. It received its IRS tax-exemption ruling in January 2016, 10 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation (type ii) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Ndsu Research Foundation reported income of $1.5m and spending of $2.3m, spending 150% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income fell from $2.5m to $1.5m (-39%), an average of -12% a year. The sharpest change came in the year to June 2021, when income dropped by 23%. Over the whole period it spent 110% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Ndsu Research Foundation sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 81st percentile within ND. Charities of a similar size with the same main cause include Little Wonders Early Learning Center ($1.5m), Sunrise School of Miami Inc ($1.5m) and Calvary Christian Schools ($1.5m).

Compensation of current officers, directors and key employees was $139k (6.1% of expenses). Other salaries and wages came to $226k. At year end it held assets of $13.6m against liabilities of $36k, net assets of $13.5m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.