Srcco Inc
Public records raise at least one point you should look into before giving.
What it says it does
SRCCO, AS A CONTROLLED AFFILIATE OF THE SEMICONDUCTOR RESEARCH CORPORATION ("SRC"), FUNDS AND OPERATES PROGRAMS OF UNIVERSITY-BASED RESEARCH CENTERS FOCUSED ON MICROELECTRONIC TECHNOLOGY THAT BENEFITS BOTH PRIVATE INDUSTRY AND U.S. DEFENSE CAPABILITIES.
- Income
- $53.5 million
- Spending
- $50.3 million
- Employees
- 0
- Volunteers
- 0
- Highest pay
- $766,519, president & ceo
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. How we rate
Financial health
We do not score finances when yearly spending is very small or the return has too little detail. The ratios stop meaning much at that size.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. How we rate
Governance
This return does not answer enough of the governance questions to score.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (3)
- RESEARCH CONTRACTS GRANTED TO COLLEGES AND UNIVERSITIES THROUGHOUT THE UNITED STATES.
- MANAGEMENT AND GENERAL COSTS TO MANAGE THE ABOVE RESEARCH CONTRACTS.
- JUMP 2.0 IS AN SRC-LED PUBLIC-PRIVATE PARTNERSHIP IN COOPERATION WITH DARPA, CO-SPONSORED BY SRC, DARPA, THE COMMERCIAL SEMICONDUCTOR INDUSTRY, AND THE DEFENSE INDUSTRIAL BASE. JUMP 2.0 WILL DRIVE LONG-TERM PATHFINDING UNIVERSITY RESEARCH THAT SUBSTANTIALLY INCREASES THE PERFORMANCE, EFFICIENCY, AND CAPABILITIES OF BROAD CLASSES OF ELECTRONICS SYSTEMS FOR BOTH COMMERCIAL AND MILITARY APPLICATIONS. THE PROGRAM WILL SPONSOR SEVEN ACADEMIC RESEARCH CENTERS FOCUSED ON CRITICAL TECHNOLOGY THEMES, ONE CENTER FOR EACH THEME. THESE SEVEN THEMES WILL BENEFIT BOTH THE DEFENSE AND INDUSTRIAL SECTORS BY PROVIDING THE DEPARTMENT OF DEFENSE WITH AN UNMATCHED TECHNOLOGICAL EDGE IN ADVANCED RADAR, COMMUNICATIONS, AND WEAPONS SYSTEMS, AND PROVIDE THE U.S. ECONOMY WITH UNIQUE INFORMATION TECHNOLOGY AND PROCESSING CAPABILITIES CRITICAL TO COMMERCIAL COMPETITIVENESS AND FUTURE ECONOMIC GROWTH.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(6) business league.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.
Are donations tax-deductible? Caution.
The IRS master file records contributions to this 501(c)(6) business league as not deductible.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2024.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since February 2002.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.