Howard Hughes Medical Institute is a Public Charity headquartered in CHEVY CHASE, MD. Financial data from the 2025 filing: $2.0B revenue, $1.2B expenses, $29.5B total assets. IRS filings disclose 957 grants awarded by this foundation, totaling roughly $394.3M.
THE MISSION OF THE INSTITUTE HAS REMAINED CONSTANT SINCE ITS FOUNDING IN 1953. AS ITS RESTATED ARTICLES OF INCORPORATION STATE THE PRIMARY PURPOSE AND OBJECTIVE OF THE HOWARD HUGHES MEDICAL INSTITUTE SHALL BE THE PROMOTION OF HUMAN KNOWLEDGE BY CONDUCTING DISCOVERY RESEARCH AND SCIENCE EDUCATION, PRINCIPALLY WITHIN FIELDS ASSOCIATED WITH BASIC BIOMEDICAL SCIENCES, AND THE DISSEMINATION AND APPLICATION OF THAT KNOWLEDGE FOR THE BENEFIT OF HUMANITY.
How Howard Hughes Medical Institute divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.
No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.
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.
Who to contact, what to include, deadlines, typical grant size and geographic focus are available with membership.
Showing up to 5 of 957 total records — full history available with membership.
Officer compensation and complete director data available with membership.
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2025 | $2.0B | $1.2B | $29.5B |
| 2024 | $1.8B | $1.2B | $27.3B |
| 2023 | $749.0M | $1.1B | $25.9B |
| 2022 | $2.1B | $986.3M | $25.9B |
| 2021 | $2.1B | $954.8M | $29.3B |
Between 2021 and 2025, reported annual revenue declined from $2.1B to $2.0B (-4%), with total assets most recently reported at $29.5B.
Interactive year-over-year charts and full filing details available with membership.
Grants from this foundation were reported to recipients in AK, AL, AR, AZ, CA, CO, and 4 other states.
Full geographic grant map with state-by-state breakdown available with membership.
