Augusta University Research Institute Inc

Analysis

Augusta University Research Institute Inc is a registered charity in United States, based in Augusta, GA. It received its IRS tax-exemption ruling in April 1981, 45 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Augusta University Research Institute Inc reported income of $85.4m and spending of $83.4m, spending 98% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $66.6m to $85.4m (+28%), an average of +8.6% a year. The sharpest change came in the year to June 2021, when income rose by 17%. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Augusta University Research Institute Inc sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within GA. Charities of a similar size with the same main cause include The Masters University and Seminary ($85.1m), Principia Corporation ($85.5m) and First Book ($85.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% and program service revenue 0.5% of the total. At year end it held assets of $25.1m against liabilities of $8.0m, net assets of $17.1m.