83
Iit Research Institute
Science & Technology · Chicago, Illinois
10 West 35Th Street, Chicago, IL 60616-3717
EIN: 362169122· Founded: Mar 1941· 85 years active· Filing Year: 2023
Annual Revenue
$27.8M
Total Expenses
$26.0M
Total Assets
$43.6M
Program Spending
107%
of expenses go to programs
Compensation & Payroll
Total Officer Compensation
$2.8M
10.6% of total expenses
All officers, directors, and key employees combined
Other Salaries & Wages
$6.6M
Total Payroll
$9.3M
36% of total expenses
Where the Money Goes
100%
Programs: 100%
Payroll: 36%
Other overhead: -7%
Program Revenue$27.7M (100%)
Total Expenses$26.0M (93%)
Payroll$9.3M (36%)
Overhead (non-program)-7%
Trust Score Breakdown
Program Spending Ratio
107% of expenses go to programs
Revenue & Stability
$27.8M annual revenue
Executive Compensation
$2.8M total officer comp (10.6% of expenses)
Filing Recency
Most recent filing: 2023
Asset Strength
$43.6M in assets
Data from IRS Form 990 filing (2023). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.