Public Charity

Illinois Institute of Technology

Illinois Institute of Technology, of CHICAGO, IL, is a Public Charity tracked in Imperigo's IRS 990 database. The 2025 filing shows $448.5M in revenue, $458.3M in expenses, $833.3M in total assets. 265 publicly reported grants to this organization, totaling roughly $34.2M, appear in IRS filings.

EIN: 362170136 CHICAGO, IL Universities NTEE: B43 Latest filing: 2025
Total Revenue$448.5M
Total Expenses$458.3M
Total Assets$833.3M
Grant Records265
Funding Total$34.2M
Filing Years2021–2025

Mission

TO PROVIDE DISTINCTIVE AND RELEVANT EDUCATION IN AN ENVIRONMENT OF SCIENTIFIC, TECHNOLOGICAL, AND PROFESSIONAL KNOWLEDGE CREATION AND INNOVATION.

Where $100 goes at Illinois Institute of Technology

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

$84 Programs the work itself
$14 Management running the organization
$2 Fundraising raising the next dollar

Inside the $84 for programs

$56
INSTRUCTION SUPPORT:- Illinois Institute of Technology's (IIT) seven colleges allow students to discover new frontiers in engineering, science, architecture, business, design, human sciences, applied technology, and law
67% of program spending · Reported in the filing: 7,500 students; 15,924,762 grants; 6,534,000 grants
$17
RESEARCH:- Research is the hallmark of our culture of excellence
20% of program spending · Reported in the filing: 16 awards; 25 awards; 17 awards
$6
STUDENT SERVICES:- This program provides health, academic, career services, transitional assistance, student orientation, and other student services including the student finance center, admissions, and registration
7% of program spending

Plus 2 more programs. Cost per person served and the full program breakdown are on the full profile.

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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

Trustee Adrian Nemcek
Distinguished Professor/FORMER OFFICER Alan Cramb
Trustee Alan W Wendorf
Trustee Amanda Lannert
VP for Human Resources and Talent Management Amit Thomas
Trustee Andrea L Berry

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$18,662,533 125 grants
Education
$6,629,584 58 grants
Research & Policy
$6,215,803 39 grants
Health & Medicine
$265,702 4 grants
Mental Health & Substance Abuse
$121,475 2 grants

Financial Trends

Year Revenue Expenses Assets
2025 $448.5M $458.3M $833.3M
2024 $444.0M $442.5M $724.5M
2023 $364.5M $419.7M $706.5M
2022 $372.8M $402.3M $746.1M
2021 $396.6M $378.6M $730.5M

Between 2021 and 2025, reported annual revenue grew from $396.6M to $448.5M (+13%), with total assets most recently reported at $833.3M.

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

See the full picture for Illinois Institute of Technology

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