82
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: 2022
Annual Revenue
$29.9M
Total Expenses
$25.5M
Total Assets
$44.2M
Program Spending
117%
of expenses go to programs
Compensation & Payroll
Total Officer Compensation
$1.5M
5.9% of total expenses
All officers, directors, and key employees combined
Other Salaries & Wages
$6.9M
Total Payroll
$8.4M
33% of total expenses
Where the Money Goes
100%
Programs: 100%
Payroll: 33%
Other overhead: -17%
Program Revenue$29.8M (100%)
Total Expenses$25.5M (85%)
Payroll$8.4M (33%)
Overhead (non-program)-17%
Trust Score Breakdown
Program Spending Ratio
117% of expenses go to programs
Revenue & Stability
$29.9M annual revenue
Executive Compensation
$1.5M total officer comp (5.9% of expenses)
Filing Recency
Most recent filing: 2022
Asset Strength
$44.2M in assets
Data from IRS Form 990 filing (2022). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.