Florida State University Research Foundation Inc

Analysis

Florida State University Research Foundation Inc is a registered charity in United States, based in Tallahassee, FL. It received its IRS tax-exemption ruling in September 1995, 31 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, Florida State University Research Foundation Inc reported income of $24.2m and spending of $18.8m, leaving 22% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $21.8m to $24.2m (+11%), an average of +3.6% a year. The sharpest change came in the year to June 2022, when income rose by 17%. Over the whole period it spent 64% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Florida State University Research Foundation Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within FL. Charities of a similar size with the same main cause include Langley School Inc ($24.2m), Foundation for Indiana University of Pennsylvania ($24.3m) and Cleary University ($24.2m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 61% of the total. Compensation of current officers, directors and key employees was $125k (0.7% of expenses). Other salaries and wages came to $681k. At year end it held assets of $245.3m against liabilities of $67.7m, net assets of $177.6m. It reported 10 employees.