University Research Park Inc

Analysis

University Research Park Inc is a registered charity in United States, based in Madison, WI. It received its IRS tax-exemption ruling in May 1985, 41 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 December 2023, University Research Park Inc reported income of $24.0m and spending of $16.5m, leaving 31% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $16.7m to $24.0m (+43%), an average of +9.4% a year. The sharpest change came in the year to December 2020, when income rose by 17%. Over the whole period it spent 65% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, University Research Park Inc sits at the 97th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 98th percentile within WI. Charities of a similar size with the same main cause include Community School of Excellence ($24.0m), Eagle Hill Foundation Inc ($24.0m) and Euclid Avenue Development Corporation ($24.0m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 91% of the total. Compensation of current officers, directors and key employees was $1.2m (7.1% of expenses). Other salaries and wages came to $636k. At year end it held assets of $223.8m against liabilities of $104.2m, net assets of $119.6m.