Ndsu Research & Technology Park Inc

Analysis

Ndsu Research & Technology Park Inc is a registered charity in United States, based in Fargo, ND. It received its IRS tax-exemption ruling in April 2000, 26 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 organisation supporting a government-owned college or university under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Ndsu Research & Technology Park Inc reported income of $2.2m and spending of $2.1m, spending 94% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $2.0m to $2.2m (+8.3%), an average of +2.0% a year. The sharpest change came in the year to June 2022, when income rose by 25%. Over the whole period it spent 87% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Ndsu Research & Technology Park Inc 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 85th percentile within ND. Charities of a similar size with the same main cause include Visual Arts Research & Resource Ctr Relating to the Caribbean Inc ($2.2m), United States Capitol Historical Society ($2.2m) and New Orleans Ballet Association ($2.2m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 28% and program service revenue 51% of the total. Compensation of current officers, directors and key employees was $213k (10% of expenses). Other salaries and wages came to $357k. At year end it held assets of $18.0m against liabilities of $9.2m, net assets of $8.7m. It reported 8 employees.