University of Central Florida Research Foundation Inc

Analysis

University of Central Florida Research Foundation Inc is a registered charity in United States, based in Orlando, FL. It received its IRS tax-exemption ruling in December 1991, 35 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 Central Florida Research Foundation Inc reported income of $21.5m and spending of $19.5m, spending 91% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $12.5m to $21.5m (+71%), an average of +14% a year. The sharpest change came in the year to June 2022, when income rose by 20%. Over the whole period it spent 90% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, University of Central 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 97th percentile, and in the 98th percentile within FL. Charities of a similar size with the same main cause include Douglas County Community Foundation ($21.3m), The Global Orphan Project Inc ($21.5m) and United Jewish Community of Broward County Inc ($21.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 10% and program service revenue 75% of the total. At year end it held assets of $35.1m against liabilities of $20.3m, net assets of $14.8m.