Southeastern Universities Research Association Inc

Analysis

Southeastern Universities Research Association Inc is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in August 2008, 18 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, Southeastern Universities Research Association Inc reported income of $210.2m and spending of $212.2m, spending 101% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $8.1m to $210.2m (+2500%), an average of +126% a year. The sharpest change came in the year to September 2022, when income rose by 1756%. Over the whole period it spent 101% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Southeastern Universities Research Association Inc sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 100th percentile, and in the 99th percentile within DC. Charities of a similar size with the same main cause include Seti Institute ($209.9m), Medical Technology Enterprise Consortium ($210.5m) and Los Angeles Philharmonic Association ($208.1m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 3.2% and program service revenue 97% of the total. Compensation of current officers, directors and key employees was $5.8m (2.7% of expenses). Other salaries and wages came to $76.1m. At year end it held assets of $51.0m against liabilities of $38.4m, net assets of $12.6m. It reported 975 employees.