Southern Research Institute
2000 9th Ave S, Birmingham, AL · IRS data through FY2024
Revenue, expenses and net assets
Revenue Expenses Net assets
| Tax year | Revenue | Expenses | Net assets |
|---|---|---|---|
| FY2024 | $50,381,130 | $49,830,156 | $181,572,257 |
| FY2023 | $49,759,960 | $55,964,770 | $178,870,874 |
| FY2022 | $149,651,608 | $57,118,873 | $180,434,524 |
| FY2021 | $85,654,710 | $77,111,881 | $92,089,720 |
| FY2019 | $77,270,153 | $83,810,175 | $70,272,559 |
| FY2018 | $63,852,769 | $83,490,070 | $74,080,666 |
| FY2017 | $73,613,384 | $85,383,746 | $96,589,157 |
| FY2016 | $77,691,297 | $84,706,776 | $105,036,404 |
| FY2015 | $69,876,766 | $84,126,126 | $109,300,528 |
| FY2014 | $81,265,192 | $84,484,292 | $122,242,513 |
| FY2013 | $73,395,573 | $85,958,115 | $123,676,222 |
| FY2012 | $81,631,992 | $88,692,262 | $129,299,091 |
| FY2011 | $91,398,545 | $86,406,734 | $132,455,488 |
Form 990 filings
The returns filed by Southern Research Institute (EIN 63-0288868), including Form 990 PDFs and e-file data by year, are available in ProPublica's Nonprofit Explorer. The figures on this page come from IRS data files built from those returns.
Where the revenue came from
| Source | Amount | % of revenue |
|---|---|---|
| Contributions & grants | $14,326,793 | 28% |
| Program service revenue | $30,295,807 | 60% |
| Other revenue | $5,758,530 | 11% |
Where the money was spent
| Category | Amount | % of expenses |
|---|---|---|
| Program services | $34,893,555 | 70% |
| Management & general | $14,936,601 | 30% |
| Fundraising | $0 | 0% |
What the numbers show
- Program service revenue made up 60% of total revenue in FY2024.
- Program services accounted for 70% of functional expenses, management & general 30%, and fundraising 0%.
- 70% of functional expenses went to program services in FY2024. That is higher than 16.4% of 171 Science & Technology organizations nationwide (too few in AL for a state comparison).
- Net assets covered about 43.7 months of expenses at the end of the reporting year. That puts it in the 74th percentile among 1885 Science & Technology organizations nationwide (too few in AL for a state comparison).
- Total revenue was higher than 96.5% of 1939 Science & Technology organizations nationwide (too few in AL for a state comparison).
- Total revenue fell from $91,398,545 in FY2011 to $50,381,130 in FY2024. Revenue increased in 6 and decreased in 6 of 12 year-over-year comparisons.
- Expenses exceeded revenue in 9 of 13 reported years (FY2012, FY2013, FY2014, FY2015, FY2016, FY2017, FY2018, FY2019, FY2023).
- The highest revenue on record here is $149,651,608 in FY2022.
- Net assets grew from $132,455,488 to $181,572,257 between FY2011 and FY2024.
- Contributions and grants made up 0% of revenue in FY2011 and 28% in FY2024.
- Listed in the IRS Publication 78 data as eligible to receive tax-deductible contributions (public charity).
Figures compared against other organizations of the same NTEE program area in the same state. See the methodology page for how these are calculated and the guide to reading nonprofit financials for their limits.
About this organization
TO OFFER RESEARCH & TECHNOLOGY SERVICES TO SUPPORT INDUSTRY AND FEDERAL GOVERNMENT AGENCIES. TO BE OPERATED FOR THE BENEFIT OF THE UNIVERSITY OF ALABAMA AT BIRMINGHAM.
IRS status
| Ruling year | 1945 |
| Subsection | 501(c)(3) |
| Classification | Public charity |
| Program area (NTEE) | U330 — Science & Technology |
| Donations | Listed in the IRS Publication 78 data as eligible to receive tax-deductible contributions (public charity). |
Similar organizations
- Hudson-Alpha Institute for Biotechnology — Huntsville, AL · $52,208,987
Source: Internal Revenue Service — Exempt Organizations Business Master File (downloaded November 4, 2026), Statistics of Income extracts, Form 990 e-file data, Publication 78 and the Automatic Revocation list. Figures are as reported by the organization; IRS processing may adjust them. This is not a charity rating and not tax advice. Confirm deductibility in IRS Tax Exempt Organization Search.
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