WORCESTER POLYTECHNIC INSTITUTE

WORCESTER, MA, 01609 (508) 831-5000 Est. 1865 EIN 04-2121659
990 - Public charity return 501(c)(3)
www.wpi.edu

Mission

WPI TRANSFORMS LIVES, TURNS KNOWLEDGE INTO ACTION TO CONFRONT GLOBAL CHALLENGES, AND REVOLUTIONIZES STEM THROUGH DISTINCTIVE AND INCLUSIVE EDUCATION, PROJECTS AND RESEARCH. (HTTP://WWW.WPI.EDU/ABOUT/MISSION.HTML)

Giving Portfolio

Total Grants
301
Total Giving
$42.3M
Recipients
287
Years Active
2017 - 2024
Avg grant: $129,178 Median: $57,819

Yearly Trends

YearGrantsTotal Giving Avg GrantNewRepeat
202460$12.2M $204K2930
202262$7.9M $127K1742
202153$7.8M $147K1734
202043$6.8M $158K1327
201934$3.7M $109K1319
201828$2.4M $86K1215
201721$1.6M $74K190

Sectors Funded

Education
81
Health Care
14
Science & Technology
8
Community Improvement
4
Youth Development
3
Recreation & Sports
1
Philanthropy & Grantmaking
1

Top States

Massachusetts
103
California
30
New York
19
Pennsylvania
18
Texas
17
Illinois
14
Indiana
10
Florida
9
and 22 more states

Grantee Size Profile

Over $50M
83
$10M - $50M
9
$5M - $10M
4
$1M - $5M
2

Top Grantees

Page 1 of 3
$3.7M
AM BATTERIES INC
MA
$2.3M
WESTED
CA - 4 grants
$1.9M
SOLVUS GLOBAL LLC
MA - 3 grants
$1.8M
CITY OF WORCESTER
MA - 2 grants
$1.6M
University of Massachusetts Amherst
MA - 3 grants
$1.1M
UNIVERSITY OF MASSACHUSETTS AMHERST
MA - 3 grants
$1.1M
ASSISTments Foundation
MA - 2 grants
$1.0M

Grants Awarded · 149 grants

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Financials

Total Revenue
$529,428,994
Total Expenses
$539,287,317
Net Assets
$901,376,601
4,536 employees 522 volunteers
From latest filing (tax period ending 2025-06-30)

Financial Health

Operating Reserve
20.1 months Healthy
Net assets / monthly expenses
Year-over-Year Change
Revenue ↑ 7.9%
Expenses ↑ 6.7%
Revenue Sources
Contributions 4.8% Earned revenue 92.6% Investment 2.4%
Expense Breakdown
Program 83.0% Management 15.2% Fundraising 1.7%

Officers & Trustees (41)

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Filing History (7 filings)

YearRevenueExpensesNet Assets
2024 990 - Public charity return
Jul 1, 2024 to Jun 30, 2025
$529,428,994 ↑$539,287,317$901,376,601
2022 990 - Public charity return
Jul 1, 2022 to Jun 30, 2023
$462,672,181 ↑$483,023,410$799,287,528
2021 990 - Public charity return
Jul 1, 2021 to Jun 30, 2022
$444,871,646 ↑$445,496,296$765,619,489
2020 990 - Public charity return
Jul 1, 2020 to Jun 30, 2021
$398,152,961 ↑$398,514,619$803,960,217
2019 990 - Public charity return
Jul 1, 2019 to Jun 30, 2020
$384,496,935 ↑$390,932,284$651,821,144
2018 990 - Public charity return
Jul 1, 2018 to Jun 30, 2019
$374,112,282 ↑$378,667,852$672,720,628
2017 990 - Public charity return
Jul 1, 2017 to Jun 30, 2018
$328,612,535 $340,939,297$661,125,946

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EIN: 04-2121659 · Source: IRS Form 990 e-file data