Public Charity

WORCESTER POLYTECHNIC INSTITUTE

Based in WORCESTER, MA, WORCESTER POLYTECHNIC INSTITUTE operates as a Public Charity. The organization reported $529.4M in revenue, $539.3M in expenses, $1.4B in total assets for fiscal year 2025. Imperigo tracks 262 reported grant relationships connected to this organization totaling approximately $30.3M.

EIN: 042121659 WORCESTER, MA Latest filing: 2025
Total Revenue$529.4M
Total Expenses$539.3M
Total Assets$1.4B
Grant Records262
Funding Total$30.3M
Filing Years2021–2025

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)

Where $100 goes at Worcester Polytechnic Institute

How Worcester Polytechnic Institute divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.

$81 Programs the work itself
$17 Management running the organization
$2 Fundraising raising the next dollar

Inside the $81 for programs

$68
The university provides education in the fields of science, technology, engineering and mathematics to approximately 5,500 undergraduate and 2,025 graduate students
84% of program spending · Reported in the filing: 2,025 students; 2,410 students
$13
At the university, 244 faculty and post doc researchers, and 632 students are engaged in cutting-edge research across a broad range of disciplines
16% of program spending · Reported in the filing: 632 students
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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

PROVOST (AS OF 08/2024) Andrew Sears
INTERIM PROVOST (THRU 07/2024) Arthur Heinricher
VP & VICE PROV. RESEARCH & INNOV. Bogdan Vernescu
TRUSTEE Carleen Maitland
TRUSTEE (AS OF 05/2025) Chartsiri Sophonpanich
SEC. & GEN COUNSEL (THRU 01/2025) David Bunis

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$15,362,478 116 grants
Education
$8,855,250 80 grants
Research & Policy
$4,402,845 43 grants
Health & Medicine
$609,988 3 grants
Environment & Conservation
$60,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2025 $529.4M $539.3M $1.4B
2024 $490.8M $505.3M $1.3B
2023 $462.7M $483.0M $1.3B
2022 $444.9M $445.5M $1.3B
2021 $398.2M $398.5M $1.3B

Between 2021 and 2025, reported annual revenue grew from $398.2M to $529.4M (+33%), with total assets most recently reported at $1.4B.

Interactive year-over-year charts and full filing details available with membership.

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