Based in PRINCETON, WV, CENTER FOR APPLIED RESEARCH & TECHNOLOGY INC operates as a Public Charity. The organization reported $1.2M in revenue, $514K in expenses, $2.7M in total assets for fiscal year 2025.
THE MISSION OF THE CENTER FOR APPLIED RESEARCH AND TECHNOLOGY, INC. (CART) IS TO PRODUCE OUTSTANDING APPLIED RESEARCH AND SELF-SUFFICIENT FINANCIAL RETURNS BY CONDUCTING SUCCESSFUL TECHNOLOGY DEVELOPMENT PROGRAMS FOR INDUSTRIAL SPONSORS AND FEDERAL, STATE AND LOCAL GOVERNMENT AGENCIES AND TRANSLATING SCIENCE, TECHNOLOGY, ENGINEERING AND MATHEMATICS (STEM)INTO MARKETABLE PRODUCTS, PROCESSES, SYSTEMS AND SERVICES FOR ITS SPONSORS.
How Center for Applied Research & Technology Inc divides every $100 it spends, from its own Form 990 filings, averaged across 8 years.
No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.
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.
Officer compensation and complete director data available with membership.
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2025 | $1.2M | $514K | $2.7M |
| 2024 | $709K | $497K | $2.0M |
| 2023 | $957K | $462K | $1.8M |
| 2021 | $695K | $284K | $1.0M |
| 2020 | $426K | $275K | $632K |
Between 2020 and 2025, reported annual revenue grew from $426K to $1.2M (+189%), with total assets most recently reported at $2.7M.
Interactive year-over-year charts and full filing details available with membership.
