INSTITUTE FOR HEALTHCARE IMPROVEMENT

BOSTON, MA, 02109-2820 (617) 301-4800 Est. 1992 EIN 38-3017223
R00A - Civil Rights & Advocacy 990 - Public charity return 501(c)(3)
www.ihi.org

Mission

PLEASE REFER TO IHI'S MISSION STATEMENT AS OUTLINED ON SCHEDULE O.

Giving Portfolio

Total Grants
115
Total Giving
$25.2M
Recipients
113
Years Active
2017 - 2024
Avg grant: $182,944 Median: $75,000

Yearly Trends

YearGrantsTotal Giving Avg GrantNewRepeat
202417$404K $24K152
202321$10.1M $482K020
202225$10.5M $420K1014
202123$2.9M $124K212
20204$92K $23K31
20194$729K $182K31
201721$524K $25K210

Sectors Funded

Health Care
51
Human Services
5
Education
5
Diseases & Disorders
3
Public & Societal Benefit
3
International & Foreign Affairs
2
Housing & Shelter
2
Medical Research
1
and 2 more sectors

Top States

Massachusetts
49
Georgia
6
New York
6
Maryland
6
California
4
Texas
3
Pennsylvania
3
New Jersey
3
and 22 more states

Grantee Size Profile

Over $50M
40
$10M - $50M
15
$5M - $10M
8
$1M - $5M
6
$100K - $500K
5
Under $100K
2

Top Grantees

Page 1 of 3
MA - 3 grants
$2.5M
SOUTHCOAST HEALTH NETWORK LLC
MA - 3 grants
$2.1M
$2.0M
$1.9M
STEWARD HEALTH CARE NETWORK
MA - 3 grants
$1.8M
BAYCARE HEALTH PARTNERS INC
MA - 3 grants
$1.5M
$1.1M

Grants Awarded · 83 grants

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Financials

Total Revenue
$57,342,452
Total Expenses
$58,865,940
Net Assets
$133,222,055
198 employees 22 volunteers
From latest filing (tax period ending 2025-04-30)

Financial Health

Operating Reserve
2.3 years Healthy
Net assets / monthly expenses
Year-over-Year Change
Revenue ↓ 23.0%
Expenses ↓ 19.2%
Revenue Sources
Contributions 22.2% Earned revenue 65.4% Investment 9.9% Other 2.0%
Expense Breakdown
Program 78.9% Management 21.1%

Officers & Trustees (38)

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Filing History (7 filings)

YearRevenueExpensesNet Assets
2024 990 - Public charity return
May 1, 2024 to Apr 30, 2025
$57,342,452 ↓$58,865,940$133,222,055
2023 990 - Public charity return
May 1, 2023 to Apr 30, 2024
$74,440,870 ↑$72,853,642$128,251,101
2022 990 - Public charity return
May 1, 2022 to Apr 30, 2023
$52,355,673 ↓$68,658,962$118,916,296
2021 990 - Public charity return
May 1, 2021 to Apr 30, 2022
$107,185,791 ↑$52,650,183$132,309,913
2020 990 - Public charity return
May 1, 2020 to Apr 30, 2021
$51,085,036 ↓$46,370,998$120,881,215
2019 990 - Public charity return
May 1, 2019 to Apr 30, 2020
$51,479,049 ↓$56,558,236$94,111,359
2017 990 - Public charity return
May 1, 2017 to Apr 30, 2018
$56,099,487 $57,308,609$99,776,888

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EIN: 38-3017223 · Source: IRS Form 990 e-file data