The Mitre Corporation

Bedford, Massachusetts

A-Health Score
75A-

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Very Good

How This Organization Compares

Compared to 6 peers in Science & Technology with >$1B revenue

Working Capital Ratio (net assets ÷ expenses)

This Org0.32×
Peer Median0.18×
💰
$2.4B
Total Revenue
📊
$2.3B
Total Expenses
🏦
$745.0M
Net Assets
📋
$385.1M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+6.1%
Year-over-year change (2022 → 2023)
Net Margin
+2.3%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.32
Net assets divided by total expenses
Liabilities-to-Assets
34.1%
Total liabilities as % of total assets

Filing History

14 filings on record
YearRevenueExpensesAssets
2023$2,372,797,3706%$2,318,681,9754%$1,130,142,1465%
2022$2,236,685,995335%$2,224,471,060318%$1,187,855,88014%
2021$514,545,04775%$532,213,70974%$1,037,661,762
2021$2,036,439,4846%$2,008,596,0286%$1,040,944,0205%
2020$1,919,518,6884%$1,888,517,8915%$991,240,1454%
2019$1,842,446,8216%$1,805,472,6716%$949,328,8935%
2018$1,733,665,0006%$1,702,840,0006%$901,231,0005%
2017$1,639,293,0006%$1,608,608,0006%$862,058,0004%
2016$1,542,118,0004%$1,515,358,0004%$831,199,0005%
2015$1,484,393,0009%$1,453,808,0008%$788,403,0009%
2014$1,365,047,0001%$1,340,316,0001%$725,235,00010%
2013$1,383,651,0003%$1,349,081,0003%$659,716,00013%
2012$1,424,270,0002%$1,394,590,0002%$586,031,0005%
2011$1,389,901,000$1,368,768,000$558,250,000

Frequently Asked Questions

What does The Mitre Corporation do?

The Mitre Corporation is a science & technology nonprofit organization based in Massachusetts. It is classified under NTEE code U400 and is registered as a 501(c) tax-exempt organization with the IRS.

Is The Mitre Corporation financially healthy?

Based on our 9-metric Financial Health Score model, The Mitre Corporation has a score of 75/100 (Grade: A-). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does The Mitre Corporation generate?

The Mitre Corporation reports $2.5B in annual revenue and holds $1.2B in total assets, based on IRS filings.

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