Education
(B430)
IRS Verified
DX Registered
990 on File
CALIFORNIA INSTITUTE OF TECHNOLOGY
Financial strength (30%)
75/100
Reliability (20%)
55/100
Effectiveness (25%)
88/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Mission Statement
The mission of the California Institute of Technology is to expand human knowledge and benefit society through research integrated with education. We investigate the most challenging, fundamental problems in science and technology in a singularly collegial, interdisciplinary atmosphere, while educating outstanding students to become creative members of society.
Financial Overview — FY 2024
$4165.2M
Total Revenue
$3686.8M
Total Expenses
$5142.3M
Net Assets
12249
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
96.7%
Fundraising Efficiency
N/A
Operating Reserve
16.74x
Liability-to-Asset
34.3%
Revenue Diversification
72.6%
Executive Compensation
$12.6M
Compared with Peers
FY 2024
Compared with 263 similar organizations
(United States, Education, $100M and over in expenses), FY 2024.
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
|
96.7% | 87.2% |
P10P90
|
Top quarter |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
3.0% | 10.8% |
P10P90
|
Top quarter |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
0.3% | 1.3% |
P10P90
|
Top quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
16.7 mo | 18.4 mo |
P10P90
|
Below median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
34.3% | 27.3% |
P10P90
|
Below median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
72.6% | 86.1% |
P10P90
|
Top quarter |
|
Revenue growth
Year over year revenue growth
|
5.9% | 6.4% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
-0.5% | 6.1% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
11.5% | 1.7% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $4165.2M | $3686.8M | $5142.3M | 96.7% | 12249 |
| 2023 | $3933.4M | $3704.5M | $4297.5M | 96.7% | 12365 |
| 2022 | $3616.4M | $3442.9M | $3762.2M | 96.6% | 11656 |
| 2021 | $4078.3M | $3276.0M | N/A | — | 11841 |
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