Triangle Universities Center for Advanced Studies Inc

Analysis

Triangle Universities Center for Advanced Studies Inc is a registered charity in United States, based in Durham, NC. It received its IRS tax-exemption ruling in January 1976, 50 years ago. 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 June 2023, Triangle Universities Center for Advanced Studies Inc reported income of $417k and spending of $344k, spending 83% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $363k to $417k (+15%), an average of +3.5% a year. The sharpest change came in the year to June 2021, when income rose by 83%. Over the whole period it spent 34% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Triangle Universities Center for Advanced Studies Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 66th percentile within NC. Charities of a similar size with the same main cause include Boonsboro Volunteer Fire & Rescue Company Inc ($417k), Eastern Cardiothoracic Surgical Society ($417k) and South Park Historical Foundation ($417k).

At year end it held assets of $4.0m against liabilities of $13k, net assets of $4.0m.