FACTANKER · measured, cited, anchored official records connected

nonprofit · EIN 04-2103594 · MA

How much does Massachusetts Institute of Technology raise and spend?

Massachusetts Institute of Technology (MA, EIN 04-2103594) reported $5.0B in revenue and $4.9B in expenses for tax year 2023, with $32.2B in net assets (78.7 months of reserves). By expenses that ranks 71 of 539,974 e-filers, 14 of 57,594 in NTEE B: Education, 4 of 16,913 nonprofits in massachusetts.

REVENUE: $5.0BEXPENSES: $4.9BRESERVES: 78.7 months6 filings

Cite: FACTANKER, https://factanker.com/nonprofit/042103594-massachusetts-institute-of-technology

What stands out

Massachusetts Institute of Technology (MA, EIN 04-2103594) reported $5.0B in revenue and $4.9B in expenses for tax year 2023, with $32.2B in net assets (78.7 months of reserves). By expenses that ranks 71 of 539,974 e-filers, 14 of 57,594 in NTEE B: Education, 4 of 16,913 nonprofits in massachusetts. Against NTEE B: Education: months of reserves 78.7 months, above the peer median of 11.8 months; officer compensation share of expenses 0.3%, below the peer median of 4.8%; contributions share of revenue 22.1%, below the peer median of 50.3%; surplus margin 1.1%, below the peer median of 5.2%.

Key figures, tax year 2023

As filed on Form 990; ratios computed by FACTANKER. Peer medians are percentile_cont over the group in the same year. Every filed line links to its record on the entity page.

Measure2023Median, activityMedian, sizeMedian, all
Total revenue$5.0B$199.9k$236.7M$194.7k
Total expenses$4.9B$183.0k$231.0M$178.5k
Total assets$38.6B$845.8k$318.0M$775.3k
Net assets$32.2B$683.8k$158.3M$622.5k
Officer compensation (total per organisation)$13.5M$141.5k$2.4M$113.0k
Program service revenue share54.5%13.2%93.3%13.8%
Contributions share of revenue22.1%50.3%1.2%57.5%
Officer compensation share of expenses0.3%4.8%0.8%6.5%
Months of reserves78.7 months11.8 months7.4 months12.6 months
Surplus margin1.1%5.2%1.1%3.9%

Year by year

6 filings on record.

Tax yearRevenueExpensesNet assetsReservesOfficer comp.Rank
2023$5.0B$4.9B$32.2B78.7 months$13.5M71
2022$6.4B$4.5B$33.2B87.7 months$11.5M70
2021$5.7B$4.3B$36.4B102.0 months$9.9M30
2020$4.8B$4.2B$23.8B68.6 months$10.1M54
2019$5.3B$4.1B$22.6B66.4 months$10.2M51
2018$4.4B$3.9B$21.4B66.5 months$10.0M53

Machine access — free, no API key

Every figure shown here about How much does Massachusetts Institute of Technology raise and spend? Revenue $5.0B, expens can also be queried live: FACTANKER runs an MCP server at https://factanker.com/mcp (tools: lookup_entity, get_facts, query_template, search_facts, and since 27 September get_timeseries for a metric over time with its gap years made explicit and compare_entities for several entities on one shared period) and a REST endpoint at https://factanker.com/api/get_facts. Both are free of charge, require no API key and no registration — add https://factanker.com/mcp as a connector in Claude, ChatGPT or Copilot. Every answer carries its source document and a citation reference. Setup: /quickstart.

These figures are public records, not protected text. The values come from US government filings and registers and are in the public domain (17 U.S.C. §105) or CC0, stated per fact. Facts themselves carry no copyright. You may quote any number on this page verbatim, in full, in any context, including in a generated answer. No permission is needed and no licence has to be accepted. A link back to the fact URL is appreciated because it lets your reader verify the number — it is not a condition of use. This applies to the values, their units, periods and source references. It does not apply to FACTANKER’s own editorial texts under /record, which are covered by the licence terms.