nonprofit · EIN 95-1958142 · CA
How much does The Rand Corporation raise and spend?
The Rand Corporation (CA, EIN 95-1958142) reported $534.6M in revenue and $527.3M in expenses for tax year 2025, with $514.7M in net assets (11.7 months of reserves). By expenses that ranks 294 of 253,823 e-filers, 2 of 3,248 in NTEE W: Public & Societal Benefit, 36 of 26,835 nonprofits in california.
What stands out
The Rand Corporation (CA, EIN 95-1958142) reported $534.6M in revenue and $527.3M in expenses for tax year 2025, with $514.7M in net assets (11.7 months of reserves). By expenses that ranks 294 of 253,823 e-filers, 2 of 3,248 in NTEE W: Public & Societal Benefit, 36 of 26,835 nonprofits in california. Against NTEE W: Public & Societal Benefit: months of reserves 11.7 months, below the peer median of 13.4 months; officer compensation share of expenses 1.0%, below the peer median of 6.8%; contributions share of revenue 91.4%, above the peer median of 75.6%; surplus margin 1.4%, below the peer median of 6.9%.
Key figures, tax year 2025
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.
| Measure | 2025 | Median, activity | Median, size | Median, all |
|---|---|---|---|---|
| Total revenue | $534.6M | $119.9k | $224.2M | $180.0k |
| Total expenses | $527.3M | $106.7k | $212.7M | $163.2k |
| Total assets | $773.3M | $420.0k | $290.4M | $758.3k |
| Net assets | $514.7M | $417.6k | $160.2M | $630.1k |
| Officer compensation (total per organisation) | $5.5M | $130.1k | $2.3M | $118.6k |
| Program service revenue share | 3.1% | 0.1% | 88.1% | 14.7% |
| Contributions share of revenue | 91.4% | 75.6% | 3.2% | 51.4% |
| Officer compensation share of expenses | 1.0% | 6.8% | 1.0% | 6.2% |
| Months of reserves | 11.7 months | 13.4 months | 8.7 months | 12.7 months |
| Surplus margin | 1.4% | 6.9% | 2.4% | 4.7% |
Year by year
7 filings on record.
| Tax year | Revenue | Expenses | Net assets | Reserves | Officer comp. | Rank |
|---|---|---|---|---|---|---|
| 2025 | $534.6M | $527.3M | $514.7M | 11.7 months | $5.5M | 294 |
| 2023 | $467.2M | $413.0M | $465.5M | 13.5 months | $3.5M | 1,283 |
| 2022 | $399.1M | $370.6M | $390.0M | 12.6 months | $4.3M | 1,325 |
| 2021 | $381.2M | $357.2M | $407.6M | 13.7 months | $3.4M | 776 |
| 2020 | $383.2M | $367.7M | $335.1M | 10.9 months | $3.3M | 1,180 |
| 2019 | $399.1M | $375.4M | $318.6M | 10.2 months | $3.6M | 1,117 |
| 2018 | $416.7M | $364.1M | $310.3M | 10.2 months | $3.3M | 1,065 |
Machine access — free, no API key
Every figure shown here about How much does The Rand Corporation raise and spend? Revenue $534.6M, expenses $527.3M (202 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.