#328 of 500 · Civic & Other

Worcester Polytechnic Institute

EIN 04-2121659 · MA · NTEE n/a · Form 990, fiscal 2023

A private research university in Worcester, Massachusetts, founded in 1865. One of the earliest engineering and technology universities in the United States, WPI is known for its project-based curriculum that has students apply classroom theory to real-world problems. It offers undergraduate, graduate, and doctoral programs emphasizing science, technology, engineering, and mathematics (STEM), serving thousands of students and conducting research across numerous disciplines.

Financials, fiscal 2023

Revenue

$462.7M

Expenses

$483.0M

Total assets

$1.32B

Net assets

$799.3M

Operating margin

-4.4%

1-year growth

4.0%

5-year growth (CAGR)

5.5%

Reserve (years of spending)

19.9

Contributions share

5.0%

Programme spending

92.0%

Fundraising cost

1.0%

Executive pay share

0.70%

Employees

4,445

Revenue per employee

$104K

Grants paid

$7.9M

Years filing

89

NFP Health Score: 70 / 100

Financial 59 · 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 transform lives, turn knowledge into action to confront global challenges, and revolutionize STEM through distinctive and inclusive education, projects, and research.

Revenue history