UScience & TechnologyEIN: 362169122· Ruling Year: 1941

Iit Research Institute

Chicago, Illinois

B+Health Score
66B+

Financial Health Score

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

Good

How This Organization Compares

Compared to 5 peers in Science & Technology with $10M-$100M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org1.11×
Peer Median9.71×
💰
$27.8M
Total Revenue
📊
$26.0M
Total Expenses
🏦
$28.9M
Net Assets
📋
$14.7M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-6.8%
Year-over-year change (2022 → 2023)
Net Margin
+6.6%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.11
Net assets divided by total expenses
Liabilities-to-Assets
33.7%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$27,838,0007%$25,988,0002%$43,645,0001%
2022$29,871,0003%$25,493,0002%$44,213,0005%
2021$29,119,0008%$25,975,0004%$42,081,00029%
2020$26,941,00016%$25,017,00012%$32,512,0008%
2019$23,233,00020%$22,345,00017%$30,047,0005%
2018$19,360,0002%$19,036,0003%$28,659,0001%
2017$19,817,0005%$19,597,0005%$28,300,0003%
2016$20,818,00015%$20,561,00018%$29,215,0006%
2015$18,100,0003%$17,422,0004%$31,170,0004%
2014$17,603,00012%$16,808,00010%$29,897,0004%
2013$15,673,0001%$15,296,000$30,997,0003%
2012$15,823,00016%$15,256,00018%$31,914,0003%
2011$18,913,000$18,663,000$32,887,000

Frequently Asked Questions

What does Iit Research Institute do?

Iit Research Institute is a science & technology nonprofit organization based in Illinois. It is classified under NTEE code U200 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Iit Research Institute financially healthy?

Based on our 9-metric Financial Health Score model, Iit Research Institute has a score of 66/100 (Grade: B+). 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 Iit Research Institute generate?

Iit Research Institute reports $28.7M in annual revenue and holds $42.2M in total assets, based on IRS filings.

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