Auburn Research Park I

Analysis

Auburn Research Park I is a registered charity in United States, based in Auburn, AL. It received its IRS tax-exemption ruling in October 2019, 7 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation (type iii functionally integrated) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Auburn Research Park I reported income of $3.3m and spending of $3.3m, spending 99% of its income. Across the 4 years on record, from September 2020 to September 2023, income grew from $159k to $3.3m (+1994%), an average of +176% a year. The sharpest change came in the year to September 2021, when income rose by 2255%. Over the whole period it spent 93% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Auburn Research Park I 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 93rd percentile within AL. Charities of a similar size with the same main cause include National Offshore Wind Training Center Inc ($3.3m), Home Scholars Academy of Oakridge & Westfir Inc ($3.3m) and Marion Charter School Inc ($3.3m).

At year end it held assets of $36.4m against liabilities of $38.0m, net assets of -$1.6m.