West Virginia University Research Corporation
West Virginia University Research Corporation reported $186.1 million in revenue and $182.0 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $93.20 went to program services, $6.80 to management and general costs and $0.00 to fundraising. Its largest source of revenue was contributions and grants: 85.9% of the total. Government grants made up 78.1%. The highest compensation it reported for one person was $2,046,343 (DIRECTOR). 49 people received more than $100,000 in reportable compensation. Revenue rose 39% between FY2020 and FY2025. Source: Form 990, FY2025.
Where $100 of spending went
The fiscal year ending June 30, 2025 · Form 990, Part IX, line 25 · total expenses $182MFor context, the median across 5,499 covered education charities: $85.56 programs, $13.59 management, $0.85 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
The fiscal year ending June 30, 2025 · Form 990, Part VIII · total revenue $186MThe 990 scorecard · same measures for every charity, no grades
| Measure | FY2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 93.2% | 84.4% |
| Management & general Part IX 25(C) ÷ 25(A) | 6.8% | 13.4% |
| Fundraising Part IX 25(D) ÷ 25(A) | 0.0% | 0.8% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.00 | $0.04 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 85.9% | 19.1% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 78.1% | 1.1% |
| Program service revenue share Part VIII 2g ÷ 12 | 8.8% | 69.9% |
| Highest reported compensation Part VII-A, columns D–F | $2,046,343 | $331,578 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 1.12% | 1.28% |
| People paid over $100,000 Part VII, line 2 | 49 | 8 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 3.9 | 13.3 |
| Independent voting board members Part VI 1a–1b | 0 of 8 | 100.0% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
FY2025 · Form 990, Part III · the three largest programs by expenseSee schedule oin 1985, the West Virginia University research corporation (research corporation) was created in accordance with West Virginia state law and with the expressed purpose to foster and support research at West Virginia University (university). The research corporation is organized exclusively for charitable, educational, and scientific purposes, including for such purposes: (1) to foster and support research at West Virginia University; and(2) to provide evaluation, development, patenting, management, and marketing services for inventions by the faculty, staff, and students of West…
Highest reported compensation
FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| DIRECTOR Director/trustee, 0.20 hrs/week | $0 | $2,015,353 | $30,990 | $2,046,343 |
| EXECUTIVE DIRECTOR Officer, 1.00 hrs/week | $0 | $1,195,411 | $27,816 | $1,223,227 |
| DIRECTOR Director/trustee, 0.25 hrs/week | $0 | $424,152 | $59,536 | $483,688 |
| DIRECTOR Director/trustee, 5.00 hrs/week | $0 | $445,213 | $32,935 | $478,148 |
| FORMER DIRECTOR Former, 0.00 hrs/week | $0 | $416,886 | $34,726 | $451,612 |
| DIRECTOR Director/trustee, 1.00 hrs/week | $0 | $392,685 | $38,717 | $431,402 |
| FORMER DIRECTOR Former, 0.00 hrs/week | $0 | $398,515 | $31,135 | $429,650 |
| DIRECTOR Director/trustee, 5.00 hrs/week | $0 | $348,851 | $46,616 | $395,467 |
49 people received more than $100,000 in reportable compensation from West Virginia University Research Corporation (Part VII, line 2).
6 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b8 · 0 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13Yes
- Document retention policy Part VI 14Yes
- Independent process for top executive pay Part VI 15aYes
- Board given the 990 before filing Part VI 11aYes
- Family or business ties among insiders Part VI 2Yes
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26No
- Lobbying, or a 501(h) election in effect Part IV 4Yes
- Over $15,000 of professional fundraising services Part IV 18No
- Over $10,000 of activity outside the U.S. Part IV 14bYes
- Employees Part I, line 5690
Largest outside contractors
FY2025 · Form 990, Part VII, Section B · businesses only| FISHER SCIENTIFIC CO LLC Research services | $2,531,448 |
| ADNET SYSTEMS INC It solution/serv | $1,544,047 |
| CROTHALL FACILITIES MANAGEMENT INC Construction | $1,263,312 |
| UKG INC Payroll processing | $810,278 |
| HURON CONSULTING SERVICES LLC Consulting services | $744,975 |
Individuals listed as contractors are left out. 128 contractors were paid more than $100,000 in all.
Correct a figure or respond
Every number above is copied from West Virginia University Research Corporation's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for West Virginia University Research Corporation, you can publish a response that is linked from this page.
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Of every $100 West Virginia University Research Corporation spent in FY2025, $93.20 went to programs. The full breakdown, from its IRS Form 990:
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All education charities · Largest charities in West Virginia
Questions people ask
How much of West Virginia University Research Corporation's spending goes to programs?
In the fiscal year ending June 30, 2025, West Virginia University Research Corporation reported that 93.2% of its $182.0 million in expenses went to program services, 6.8% to management and general and 0.0% to fundraising (Form 990, Part IX).
How much does West Virginia University Research Corporation pay its top executive?
The largest total compensation West Virginia University Research Corporation reported for one person in the fiscal year ending June 30, 2025 was $2,046,343, for the role of DIRECTOR (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does West Virginia University Research Corporation get its money?
Of $186.1 million in revenue in the fiscal year ending June 30, 2025, 85.9% came from contributions and grants (including 78.1% from government grants) and 8.8% from program service revenue (Form 990, Part VIII).
Is West Virginia University Research Corporation a registered charity?
The IRS lists EIN 55-0665758 as a 501(c)(3) organization (supporting organization (509(a)(3))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- FY2025: Form 990 for the fiscal year ending June 30, 2025, object 202641349349311919 · read the filing
- FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202501349349308740 · read the filing
- FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202431359349304583 · read the filing
- FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202311349349300726 · read the filing
- FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202221339349307882 · read the filing
- FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202111359349300526 · read the filing
All filings for EIN 55-0665758: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.