University of Southern Mississippi Research Foundation

Analysis

University of Southern Mississippi Research Foundation is a registered charity in United States, based in Hattiesburg, MS. It received its IRS tax-exemption ruling in November 1999, 27 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 December 2023, University of Southern Mississippi Research Foundation reported income of $957k and spending of $1.2m, spending 126% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $532k to $957k (+80%), an average of +16% a year. The sharpest change came in the year to December 2021, when income rose by 136%. Over the whole period it spent 99% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, University of Southern Mississippi Research Foundation sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 81st percentile within MS. Charities of a similar size with the same main cause include Bedford Montessori School Inc ($957k), Nittany Valley Charter School Inc ($957k) and Sheriff Arnotts Distinguished Posse Inc ($957k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 15% and program service revenue 83% of the total. Other salaries and wages came to $82k. At year end it held assets of $2.2m against liabilities of $178k, net assets of $2.0m.