Western Research Institute

Analysis

Western Research Institute is a registered charity in United States, based in Laramie, WY. It received its IRS tax-exemption ruling in July 1983, 43 years ago. Its declared purposes cover education, which this site groups under education and training. 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 December 2023, Western Research Institute reported income of $3.3m and spending of $3.9m, spending 121% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $6.1m to $3.3m (-47%), an average of -15% a year. The sharpest change came in the year to December 2022, when income dropped by 36%. Over the whole period it spent 107% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Western Research Institute sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 94th percentile within WY. Charities of a similar size with the same main cause include Southern Florida Instructional Television Inc ($3.3m), Masters Academy of Vero Beach Inc ($3.3m) and East Bay School for Boys ($3.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 8.9% and program service revenue 91% of the total. Compensation of current officers, directors and key employees was $164k (4.2% of expenses). Other salaries and wages came to $1.5m. At year end it held assets of $3.3m against liabilities of $1.6m, net assets of $1.6m. It reported 37 employees.