University of South Florida Research Foundation Inc

Analysis

University of South Florida Research Foundation Inc is a registered charity in United States, based in Tampa, FL. It received its IRS tax-exemption ruling in August 1990, 36 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 South Florida Research Foundation Inc reported income of $15.4m and spending of $16.5m, spending 107% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $14.8m to $15.4m (+4.0%), an average of +1.3% a year. The sharpest change came in the year to June 2021, when income rose by 55%. Over the whole period it spent 78% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, University of South Florida Research Foundation Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 97th percentile within FL. Charities of a similar size with the same main cause include Horse Creek Academy ($15.4m), DC Public Education Fund ($15.4m) and Axim Collaborative Inc ($15.4m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 76% of the total. Compensation of current officers, directors and key employees was $164k (1.0% of expenses). At year end it held assets of $176.7m against liabilities of $99.3m, net assets of $77.4m.