#325 of 500 · Research & Science

Rand Corporation

EIN 95-1958142 · CA · NTEE W050 · Form 990, fiscal 2023

A nonprofit, nonpartisan global policy think tank and research institute headquartered in Santa Monica, California, incorporated in 1948 (originating as Project RAND after World War II). It conducts objective research and analysis on issues including national security, health, education, international affairs, and the environment, providing policy leaders with independent findings free of political or commercial pressure.

Financials, fiscal 2023

Revenue

$467.2M

Expenses

$413.0M

Total assets

$703.7M

Net assets

$465.5M

Operating margin

11.6%

1-year growth

17.1%

5-year growth (CAGR)

4.0%

Reserve (years of spending)

13.5

Contributions share

93.8%

Programme spending

3.4%

Fundraising cost

0.0%

Executive pay share

0.86%

Employees

2,296

Revenue per employee

$203K

Grants paid

n/a

Years filing

73

NFP Health Score: 72 / 100

Financial 62 · Governance 75 · Operational 90. The score is built from Form 990 line items only. It cannot measure how well an organisation delivers its mission.

Mission

To help improve policy and decisionmaking through research and analysis.

Revenue history