U — Science & TechnologyEIN: 362169122· Ruling Year: 1941

Iit Research Institute

Chicago, Illinois

B+Health Score
66B+

Financial Health Score

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

Good

How This Organization Compares

Compared to 5 peers in Science & Technology with $10M-$100M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org1.11×
Peer Median9.71×
💰
$27.8M
Total Revenue
📊
$26.0M
Total Expenses
🏦
$28.9M
Net Assets
📋
$14.7M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-6.8%
Year-over-year change (2022 → 2023)
Net Margin
+6.6%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.11
Net assets divided by total expenses
Liabilities-to-Assets
33.7%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$27,838,000↓7%$25,988,000↑2%$43,645,000↓1%
2022$29,871,000↑3%$25,493,000↓2%$44,213,000↑5%
2021$29,119,000↑8%$25,975,000↑4%$42,081,000↑29%
2020$26,941,000↑16%$25,017,000↑12%$32,512,000↑8%
2019$23,233,000↑20%$22,345,000↑17%$30,047,000↑5%
2018$19,360,000↓2%$19,036,000↓3%$28,659,000↑1%
2017$19,817,000↓5%$19,597,000↓5%$28,300,000↓3%
2016$20,818,000↑15%$20,561,000↑18%$29,215,000↓6%
2015$18,100,000↑3%$17,422,000↑4%$31,170,000↑4%
2014$17,603,000↑12%$16,808,000↑10%$29,897,000↓4%
2013$15,673,000↓1%$15,296,000$30,997,000↓3%
2012$15,823,000↓16%$15,256,000↓18%$31,914,000↓3%
2011$18,913,000$18,663,000$32,887,000

Frequently Asked Questions

What does Iit Research Institute do?▼

Iit Research Institute is a science & technology nonprofit organization based in Illinois. It is classified under NTEE code U200 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Iit Research Institute financially healthy?▼

Based on our 9-metric Financial Health Score model, Iit Research Institute has a score of 66/100 (Grade: B+). 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 Iit Research Institute generate?▼

Iit Research Institute reports $17.5M in annual revenue and holds $36.3M in total assets, based on IRS filings.

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