Iowa State University Research Park Corp

Analysis

Iowa State University Research Park Corp is a registered charity in United States, based in Ames, IA. It received its IRS tax-exemption ruling in December 1998, 28 years ago. Its declared purposes cover education, which this site groups under education and training. 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 2024, Iowa State University Research Park Corp reported income of $10.8m and spending of $10.1m, spending 94% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $9.9m to $10.8m (+8.6%), an average of +2.1% a year. Over the whole period it spent 86% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Iowa State University Research Park Corp sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 95th percentile within IA. Charities of a similar size with the same main cause include Trivium Preparatory Academy ($10.8m), Achieve Community Charter School ($10.8m) and K-State Olathe Innovation Campus Inc ($10.8m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 4.6% and program service revenue 103% of the total. Compensation of current officers, directors and key employees was $459k (4.6% of expenses). Other salaries and wages came to $615k. At year end it held assets of $95.1m against liabilities of $77.1m, net assets of $18.0m.