Sources of Revenue: Contributions, Gifts and Grants Received for Scientific Research and Development Services, Establishments Exempt from Federal Income Tax Employer Firms
REVCGGEF5417TAXEPT • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
12,993.00
Year-over-Year Change
10.53%
Date Range
1/1/2013 - 1/1/2022
Summary
This economic trend measures contributions, gifts, and grants received by tax-exempt establishments for scientific research and development services. It provides insights into funding sources for R&D activities in the nonprofit sector.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The 'Sources of Revenue: Contributions, Gifts and Grants Received for Scientific Research and Development Services, Establishments Exempt from Federal Income Tax Employer Firms' series tracks the value of monetary and in-kind support received by tax-exempt organizations for their R&D operations. This data is useful for analyzing the funding landscape and revenue diversification strategies of the nonprofit research community.
Methodology
The data is collected through surveys of tax-exempt establishments by the U.S. Census Bureau.
Historical Context
This metric is relevant for policymakers, economists, and research organizations interested in understanding trends in nonprofit R&D financing and support.
Key Facts
- This metric covers tax-exempt employer firms, excluding government.
- Contributions, gifts, and grants are a major revenue source for nonprofit R&D.
- Funding levels can indicate the financial health of the nonprofit research sector.
FAQs
Q: What does this economic trend measure?
A: This trend measures the value of contributions, gifts, and grants received by tax-exempt establishments for their scientific research and development services.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the funding landscape and revenue diversification strategies of the nonprofit research community, which is relevant for policymakers, economists, and research organizations.
Q: How is this data collected or calculated?
A: The data is collected through surveys of tax-exempt establishments by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: This trend is used by policymakers, economists, and research organizations to understand trends in nonprofit R&D financing and support.
Q: Are there update delays or limitations?
A: The data may be subject to typical survey collection and reporting delays, but provides a comprehensive view of contributions, gifts, and grants received by tax-exempt R&D establishments.
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Citation
U.S. Federal Reserve, Sources of Revenue: Contributions, Gifts and Grants Received for Scientific Research and Development Services, Establishments Exempt from Federal Income Tax Employer Firms (REVCGGEF5417TAXEPT), retrieved from FRED.