Earthquake Engineering Research Institute Inc

Analysis

Earthquake Engineering Research Institute Inc is a registered charity in United States, based in Oakland, CA. 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Earthquake Engineering Research Institute Inc reported income of $2.1m and spending of $2.1m, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $2.2m to $2.1m (-3.1%), an average of -0.8% a year. The sharpest change came in the year to December 2021, when income rose by 53%. Over the whole period it spent 83% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Earthquake Engineering Research Institute Inc 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 86th percentile, and in the 87th percentile within CA. Charities of a similar size with the same main cause include The Nathan B Stubblefield Foundation Inc ($2.1m), Childrens Museum ($2.1m) and Altos de Chavon Cultural Center Foundation ($2.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 52% and program service revenue 42% of the total. Compensation of current officers, directors and key employees was $184k (8.5% of expenses). Other salaries and wages came to $580k. At year end it held assets of $6.1m against liabilities of $695k, net assets of $5.4m. It reported 8 employees.