Public Charity

SRC Inc

Based in North Syracuse, NY, SRC Inc operates as a Public Charity. The organization reported $342.5M in revenue, $346.7M in expenses, $430.7M in total assets for fiscal year 2025. Imperigo tracks 7 reported grant relationships connected to this organization totaling approximately $1.3M.

EIN: 150589832 North Syracuse, NY Latest filing: 2025
Total Revenue$342.5M
Total Expenses$346.7M
Total Assets$430.7M
Grant Records7
Funding Total$1.3M
Filing Years2021–2025

Mission

Our Mission is to deliver innovative, advanced defense solutions and products that help keep America and our allies safe and strong through RD, services, and manufacturing - investing all our earnings into technology, employees, and communities.

Where $100 goes at SRC Inc

How SRC Inc divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.

$85 Programs the work itself
$15 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $85 for programs

$85
Revenue and Expenses arising in connection with Scientific Research and Development services provided mainly to the Federal Government in the area of Defense, Environment, and Intelligence
All program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

Trustee Anthony Mitchell
AVP Business Development Asif Q Moosa
Senior VP EWS David F Toomey Iii
VP Business Development Strategy David T Bessey
Trustee Deborah G Oliver
Trustee Dennis L Via

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$1,125,781 5 grants
Fundraising & Sponsorship
$194,392 1 grant
Unspecified
$21,600 1 grant

Financial Trends

Year Revenue Expenses Assets
2025 $342.5M $346.7M $430.7M
2024 $326.5M $329.1M $426.2M
2023 $311.5M $288.4M $402.2M
2022 $287.8M $296.7M $358.5M
2021 $311.4M $310.3M $369.3M

Between 2021 and 2025, reported annual revenue grew from $311.4M to $342.5M (+10%), with total assets most recently reported at $430.7M.

Interactive year-over-year charts and full filing details available with membership.

See the full picture for SRC Inc

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