WEST VIRGINIA UNIVERSITY RESEARCH CORPORATION

WEST VIRGINIA UNIVERSITY RESEARCH CORPORATION

MORGANTOWN, WV, US
501(c)(3)
EIN
55-0665758

WEST VIRGINIA UNIVERSITY RESEARCH CORPORATION

MORGANTOWN, WV, US
501(c)(3)
EIN
55-0665758

Income Statement

Fiscal Year Start:
Jul 1
Revenues in 2024

$197,288,918

Government Grants
75%
Program Services
9%
Contributions
9%
Other
6%
Investments
<1%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024

$185,558,446

Other
48%
Salaries & Benefits
23%
Grants
22%
Offices, Occupancy & IT
4%
Depreciation
2%
Fees to Service Providers
<1%
Advertising & Promotion
<1%
Benefits to Members
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$15,140,908
$18,207,523
+20%
Government Grants
$138,582,849
$147,950,398
+7%
Fundraising Events
$0
$0
-
Program Services
$18,438,079
$18,371,388
0%
Membership Dues
$0
$0
-
Investments
$862,894
$1,281,805
+49%
Other
$3,754,053
$11,477,804
+206%
Total Revenues
$176,778,783
$197,288,918
+12%
Expenses
2023
2024
Change
Grants
$38,815,704
$41,527,639
+7%
Benefits to Members
$0
$0
-
Salaries & Benefits
$40,391,443
$42,933,384
+6%
Fees to Service Providers
$834,316
$845,795
+1%
Advertising & Promotion
$351,153
$445,716
+27%
Offices, Occupancy & IT
$6,316,863
$7,002,680
+11%
Interest
$2,471,234
$0
-100%
Depreciation
$3,519,512
$3,095,353
-12%
Other
$83,712,551
$89,707,879
+7%
Total Expenses
$176,412,776
$185,558,446
+5%
Net income
2023
2024
Change
Net income
+$366,007
+$11,730,472
+3105%
Functional Expenses
Summary
2023
2024
Change
Program
$163,490,784
$173,046,718
+6%
Admin
$12,921,992
$12,511,728
-3%
Fundraising
$0
$0
-
Total Expenses
$176,412,776
$185,558,446
+5%
Income Statement
Copyright 2026. All rights reserved to Chario Inc. (d.b.a. Impala)