Education
(B430)
IRS Verified
DX Registered
990 on File
ILLINOIS INSTITUTE OF TECHNOLOGY
Financial strength (30%)
76/100
Reliability (20%)
70/100
Effectiveness (25%)
88/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Mission Statement
To provide distinctive and relevant education in an environment of scientific, technological, and professional knowledge creation and innovation.
Financial Overview — FY 2025
$448.5M
Total Revenue
$458.3M
Total Expenses
$433.3M
Net Assets
3798
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
85.4%
Fundraising Efficiency
26911.8%
Operating Reserve
11.35x
Liability-to-Asset
48.0%
Revenue Diversification
75.8%
Executive Compensation
$9.0M
Compared with Peers
FY 2025
Compared with 237 similar organizations
(United States, Education, $100M and over in expenses), FY 2025.
This organization
Middle half of peers (P25–P75)
Peer median
| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
85.4% | 87.7% |
P10P90
|
Below median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
12.6% | 10.5% |
P10P90
|
Below median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
2.0% | 1.3% |
P10P90
|
Below median |
|
Fundraising efficiency
Fundraising expenses / gross fundraising income
· lower is better
|
26911.8% | 4180.7% |
P10P90
|
Bottom quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
11.4 mo | 20.9 mo |
P10P90
|
Below median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
48.0% | 26.1% |
P10P90
|
Bottom quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
75.8% | 82.9% |
P10P90
|
Above median |
|
Revenue growth
Year over year revenue growth
|
1.0% | 6.6% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
3.6% | 4.7% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
-2.2% | 3.6% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2025 | $448.5M | $458.3M | $433.3M | 85.4% | 3798 |
| 2024 | $444.0M | $442.5M | $430.9M | 84.6% | 3840 |
| 2023 | $364.5M | $419.7M | $402.9M | 84.0% | 3651 |
| 2022 | $372.8M | $402.3M | $468.0M | 84.1% | 3297 |
| 2021 | $396.6M | $378.6M | N/A | — | 3459 |
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