Florida International University Research Foundation Incorporated

Analysis

Florida International University Research Foundation Incorporated is a registered charity in United States, based in Miami, FL. It received its IRS tax-exemption ruling in September 1999, 27 years ago. Its declared purposes cover science and technology, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Florida International University Research Foundation Incorporated reported income of $149k and spending of $98k, leaving 34% of income unspent that year. Across the 2 years on record, from June 2022 to June 2023, income fell from $285k to $149k (-48%), an average of -48% a year. The sharpest change came in the year to June 2023, when income dropped by 48%. Over the whole period it spent 28% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Florida International University Research Foundation Incorporated sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 51st percentile within FL. Charities of a similar size with the same main cause include Gateway Chamber Orchestra ($149k), On-Stage Foundation Inc ($149k) and Carole Kneeland Project for Responsible Television ($149k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $68k. At year end it held assets of $416k against liabilities of $1,000, net assets of $415k. It reported 18 employees.