The Alabama A&m Univ Research Innovation Science and Engineering
Analysis
The Alabama A&m Univ Research Innovation Science and Engineering is a registered charity in United States, based in Normal, AL. It received its IRS tax-exemption ruling in September 2014, 12 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 publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending September 2023, The Alabama A&m Univ Research Innovation Science and Engineering reported income of $947k and spending of $931k, spending 98% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $272k to $947k (+248%), an average of +37% a year. The sharpest change came in the year to September 2021, when income rose by 511%. Over the whole period it spent 69% of the income it received.
Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, The Alabama A&m Univ Research Innovation Science and Engineering sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 82nd percentile within AL. Charities of a similar size with the same main cause include Wisconsin Cranberry Research and Education Foundation Inc ($947k), The Christine Center ($948k) and Marthas Vineyard Film Society Inc ($947k).
On its Form 990 for the period ending September 2023, revenue came from contributions and grants 18% and program service revenue 82% of the total. Compensation of current officers, directors and key employees was $610k (65% of expenses). At year end it held assets of $1.3m against liabilities of $660k, net assets of $607k.
Income and spending
Where the income comes from
- Contributions & grants 18%
- Program services 82%
- Other 0.0%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Wisconsin Cranberry Research and Education Foundation Inc | Wisc Rapids | $947k |
| The Christine Center | Willard | $948k |
| Marthas Vineyard Film Society Inc | Vineyard HVN | $947k |
| T Schreiber Studio Inc | New York | $948k |