University Corporation for Atmospheric Research

Analysis

University Corporation for Atmospheric Research is a registered charity in United States, based in Boulder, CO. It received its IRS tax-exemption ruling in October 1962, 64 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 September 2023, University Corporation for Atmospheric Research reported income of $304.1m and spending of $277.8m, spending 91% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $233.4m to $304.1m (+30%), an average of +6.8% a year. The sharpest change came in the year to September 2023, when income rose by 21%. Over the whole period it spent 96% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, University Corporation for Atmospheric Research sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 100th percentile, and in the 100th percentile within CO. Charities of a similar size with the same main cause include Metropolitan Opera Association Inc ($303.1m), Institute for Defense Analyses ($312.7m) and National Public Radio Inc ($302.5m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 92% and program service revenue 7.3% of the total. Compensation of current officers, directors and key employees was $4.5m (1.6% of expenses). Other salaries and wages came to $143.5m. At year end it held assets of $344.5m against liabilities of $79.5m, net assets of $265.0m. It reported 1,564 employees.