Clemson University Research Foundation
Analysis
Clemson University Research Foundation is a registered charity in United States, based in Clemson, SC. It received its IRS tax-exemption ruling in April 1983, 43 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending June 2023, Clemson University Research Foundation reported income of $1.9m and spending of $2.5m, spending 127% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.9m to $1.9m (+1.1%), an average of +0.3% a year. The sharpest change came in the year to June 2022, when income rose by 25%. Over the whole period it spent 120% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Clemson University Research Foundation sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 88th percentile within SC. Charities of a similar size with the same main cause include Williston State College Foundation ($1.9m), Arcade Innovation Hub LLC ($1.9m) and Sarah Lawrence College ($1.9m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 24% and program service revenue 75% of the total. At year end it held assets of $9.6m against liabilities of $576k, net assets of $9.0m.
Income and spending
Where the income comes from
- Contributions & grants 24%
- Program services 75%
- Other 0.9%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Williston State College Foundation | Williston | $1.9m |
| Arcade Innovation Hub LLC | Dayton | $1.9m |
| Sarah Lawrence College | Bronxville | $1.9m |
| Mathesar Foundation Inc | Commack | $1.9m |