NFP500

#64 of 500 · Research & Science

The Mitre Corporation

EIN 04-2239742 · MA · NTEE U400 · Form 990, fiscal 2023

A nonprofit organization with dual headquarters in Bedford, Massachusetts, and McLean, Virginia, that operates multiple federally funded research and development centers (FFRDCs) on behalf of U.S. government agencies. Working with industry and academia, it provides systems engineering, research, and technical guidance across fields including defense, aviation, cybersecurity, healthcare, and homeland security in the public interest.

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Financials, fiscal 2023

Revenue
$2.37B
Expenses
$2.32B
Total assets
$1.13B
Net assets
$745.0M
Operating margin
2.3%
1-year growth
6.1%
5-year growth (CAGR)
6.5%
Reserve (years of spending)
3.9
Contributions share
99.7%
Programme spending
0.1%
Fundraising cost
0.0%
Executive pay share
1.10%
Employees
10,591
Revenue per employee
$224K
Grants paid
n/a
Years filing
63

NFP Health Score: 62 / 100

Financial 42 · 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

Solving problems for a safer world.

Revenue history

YearRevenue
2019$1.84B
2020$1.92B
2021$2.04B
2022$2.24B
2023$2.37B