The Council on Undergraduate Research

Analysis

The Council on Undergraduate Research is a registered charity in United States, based in Gaithersburg, MD. It received its IRS tax-exemption ruling in April 1981, 45 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, The Council on Undergraduate Research reported income of $1.7m and spending of $1.9m, spending 111% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $2.3m to $1.7m (-27%), an average of -7.5% a year. The sharpest change came in the year to June 2022, when income rose by 59%. Over the whole period it spent 89% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Council on Undergraduate Research sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 84th percentile within MD. Charities of a similar size with the same main cause include Montessori Center of South Dayton Inc ($1.7m), Construction Industry Laborers Training Fund ($1.7m) and Korean Community Development Services Center ($1.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 12% and program service revenue 85% of the total. Compensation of current officers, directors and key employees was $243k (13% of expenses). Other salaries and wages came to $494k. At year end it held assets of $4.6m against liabilities of $890k, net assets of $3.7m. It reported 9 employees.