Research America

Analysis

Research America is a registered charity in United States, based in Arlington, VA. It received its IRS tax-exemption ruling in June 1989, 37 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 December 2023, Research America reported income of $7.0m and spending of $7.9m, spending 113% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.9m to $7.0m (+81%), an average of +16% a year. The sharpest change came in the year to December 2021, when income rose by 133%. Over the whole period it spent 79% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Research America 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 94th percentile, and in the 94th percentile within VA. Charities of a similar size with the same main cause include Greater Joplin Area Emergency Medical Services System Inc ($7.0m), Senior Citizens of Greater Dallas Inc ($7.0m) and National Council of University Research Administrators ($7.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 63% and program service revenue 34% of the total. Compensation of current officers, directors and key employees was $1.0m (13% of expenses). Other salaries and wages came to $2.9m. At year end it held assets of $11.9m against liabilities of $2.8m, net assets of $9.2m. It reported 36 employees.