The Mitre Corporation

Bedford, Massachusetts

A-Health Score
75A-

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Very Good

How This Organization Compares

Compared to 6 peers in Science & Technology with >$1B revenue

Working Capital Ratio (net assets ÷ expenses)

This Org0.32×
Peer Median0.18×
💰
$2.4B
Total Revenue
📊
$2.3B
Total Expenses
🏦
$745.0M
Net Assets
📋
$385.1M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+6.1%
Year-over-year change (2022 → 2023)
Net Margin
+2.3%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.32
Net assets divided by total expenses
Liabilities-to-Assets
34.1%
Total liabilities as % of total assets

Filing History

14 filings on record
YearRevenueExpensesAssets
2023$2,372,797,370↑6%$2,318,681,975↑4%$1,130,142,146↓5%
2022$2,236,685,995↑335%$2,224,471,060↑318%$1,187,855,880↑14%
2021$514,545,047↓75%$532,213,709↓74%$1,037,661,762
2021$2,036,439,484↑6%$2,008,596,028↑6%$1,040,944,020↑5%
2020$1,919,518,688↑4%$1,888,517,891↑5%$991,240,145↑4%
2019$1,842,446,821↑6%$1,805,472,671↑6%$949,328,893↑5%
2018$1,733,665,000↑6%$1,702,840,000↑6%$901,231,000↑5%
2017$1,639,293,000↑6%$1,608,608,000↑6%$862,058,000↑4%
2016$1,542,118,000↑4%$1,515,358,000↑4%$831,199,000↑5%
2015$1,484,393,000↑9%$1,453,808,000↑8%$788,403,000↑9%
2014$1,365,047,000↓1%$1,340,316,000↓1%$725,235,000↑10%
2013$1,383,651,000↓3%$1,349,081,000↓3%$659,716,000↑13%
2012$1,424,270,000↑2%$1,394,590,000↑2%$586,031,000↑5%
2011$1,389,901,000$1,368,768,000$558,250,000

Frequently Asked Questions

What does The Mitre Corporation do?▼

The Mitre Corporation is a science & technology nonprofit organization based in Massachusetts. It is classified under NTEE code U400 and is registered as a 501(c) tax-exempt organization with the IRS.

Is The Mitre Corporation financially healthy?▼

Based on our 9-metric Financial Health Score model, The Mitre Corporation has a score of 75/100 (Grade: A-). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does The Mitre Corporation generate?▼

The Mitre Corporation reports $2.5B in annual revenue and holds $1.2B in total assets, based on IRS filings.

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