MARSHALL UNIVERSITY RESEARCH CORPORATION

Huntington, WV, 25755 (304) 696-2829 Est. 1987 EIN 55-0683361

S30 - Economic Development 990 - Public charity return 501(c)(3)

Mission

Charitable education and scientific research

Total Revenue

$70,673,508

Total Expenses

$68,187,347

Net Assets

$57,304,959

831 employees

From latest filing (tax period ending 2025-06-30)

Operating Reserve

10.1 months Healthy

Net assets / monthly expenses

Year-over-Year Change

Revenue ↓ 6.6%

Expenses ↑ 2.9%

Revenue Sources

Contributions 87.7% Investment 2.5% Other 10.0%

Expense Breakdown

Program 83.9% Management 15.1% Fundraising 0.9%

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Year	Revenue	Expenses	Net Assets
2024 990 - Public charity return Jul 1, 2024 to Jun 30, 2025	$70,673,508 ↑	$68,187,347	$57,304,959
2022 990 - Public charity return Jul 1, 2022 to Jun 30, 2023	$61,567,325 ↑	$60,881,644	$45,421,887
2021 990 - Public charity return Jul 1, 2021 to Jun 30, 2022	$55,976,007 ↑	$55,779,707	$44,736,206
2020 990 - Public charity return Jul 1, 2020 to Jun 30, 2021	$55,595,334 ↑	$47,675,471	$44,539,906
2019 990 - Public charity return Jul 1, 2019 to Jun 30, 2020	$41,051,738 ↑	$44,351,236	$38,305,295
2017 990 - Public charity return Jul 1, 2017 to Jun 30, 2018	$33,895,776	$37,742,982	$44,079,618