Mississippi State University Research and Technology Corp

Analysis

Mississippi State University Research and Technology Corp is a registered charity in United States, based in Ms State, MS. It received its IRS tax-exemption ruling in March 2000, 26 years ago. The IRS classifies it as a organisation supporting a government-owned college or university under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Mississippi State University Research and Technology Corp reported income of $5.3m and spending of $4.5m, spending 85% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $4.0m to $5.3m (+32%), an average of +9.6% a year. The sharpest change came in the year to June 2023, when income rose by 39%. Over the whole period it spent 90% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Mississippi State University Research and Technology Corp sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 93rd percentile within MS. Charities of a similar size with the same main cause include Scholarship Granting Organization of Catholic Community Foundation ($5.3m), Catholic Charities of East Tennessee Inc ($5.3m) and Verland ($5.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 25% of the total. Other salaries and wages came to $303k. At year end it held assets of $41.9m against liabilities of $33.7m, net assets of $8.2m.