University of Florida Research Foundation Inc

Analysis

University of Florida Research Foundation Inc is a registered charity in United States, based in Gainesville, FL. It received its IRS tax-exemption ruling in June 2000, 26 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, University of Florida Research Foundation Inc reported income of $50.9m and spending of $49.5m, spending 97% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $86.0m to $50.9m (-41%), an average of -12% a year. The sharpest change came in the year to June 2020, when income dropped by 43%. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, University of Florida Research Foundation Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within FL. Charities of a similar size with the same main cause include Calhoun School Inc ($50.9m), Advantage Academy of Miami Inc ($51.0m) and Drew Charter School Inc ($50.9m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 22% of the total. Other salaries and wages came to $4.3m. At year end it held assets of $139.9m against liabilities of $27.1m, net assets of $112.8m. It reported 65 employees.