Albany Medical College research and development spending, FY2024
- Albany, NY
- Private nonprofit
- Standard form filer
Albany Medical College in FY2024
$23.1 million
spent on research and development in FY2024, as reported to the NSF HERD Survey
- National rank
- #303 of 925
- Change on FY2023
- down 0.9%
- Rank change
- down 13
Albany Medical College reported $23.1 million of research and development spending in FY2024, ranking #303 of the 925 institutions in the survey. That is down 0.9% on FY2023's $23.3 million; its national rank was down 13 places. Federal government is its largest funding source at 55.3% ($12.8 million), followed by business at 14.2%. Its largest field of research is life sciences, $23.1 million or 100.0% of the total.
Over time
Research spending, FY2010 to FY2024
Standard-form totals FY2010 onwards as revised by NCSES in the newest release; rank is within that series.
Year-by-year figures
| Fiscal year | R&D expenditure | Rank in series |
|---|---|---|
| FY2010 | $23.0 million | 249 |
| FY2011 | $20.9 million | 261 |
| FY2012 | $17.7 million | 271 |
| FY2013 | $15.1 million | 283 |
| FY2014 | $16.1 million | 276 |
| FY2015 | $18.0 million | 265 |
| FY2016 | $20.2 million | 264 |
| FY2017 | $20.4 million | 262 |
| FY2018 | $21.2 million | 254 |
| FY2019 | $23.0 million | 258 |
| FY2020 | $23.5 million | 258 |
| FY2021 | $22.4 million | 267 |
| FY2022 | $22.3 million | 273 |
| FY2023 | $23.3 million | 290 |
| FY2024 | $23.1 million | 303 |
FY2024 breakdown
Where the money came from, and what it paid for
FY2024 funding sources and research fields
Funding sources
The 6 NSF funding sources Albany Medical College reported in FY2024, largest first. Shares are of its own FY2024 total, and the rank is national within that source.
| Source | FY2024 | Share | Change on FY2023 | US rank |
|---|---|---|---|---|
| Federal government | $12.8 million | 55.3% | −10.1% | 286 |
| Business | $3.3 million | 14.2% | −17.3% | 171 |
| Institution funds | $2.4 million | 10.2% | −32.1% | 389 |
| All other sources | $2.3 million | 9.8% | +1256.6% | 140 |
| Nonprofit organizations | $2.1 million | 8.9% | +50.8% | 221 |
| State and local government | $369 thousand | 1.6% | +207.5% | 405 |
| All sources | $23.1 million | 100.0% | −0.9% | 303 |
Fields of research
The one NSF research field Albany Medical College reported in FY2024.
| Field | FY2024 | Share | Change on FY2023 | US rank |
|---|---|---|---|---|
| Life sciences | $23.1 million | 100.0% | −0.9% | 197 |
Neighbours
Ranked around Albany Medical College
Institutions ranked immediately above and below
The five institutions ranked above Albany Medical College and the five below it in the FY2024 national ranking.
| Rank | Institution | FY2024 R&D |
|---|---|---|
| 298 | Loma Linda University | $23.9M |
| 299 | Florida Gulf Coast University | $23.8M |
| 300 | Meharry Medical College | $23.7M |
| 301 | Charles R. Drew University of Medicine and Science | $23.7M |
| 302 | Western Washington University | $23.3M |
| 303 | Albany Medical College | $23.1M |
| 304 | University of North Carolina at Wilmington, The | $22.7M |
| 305 | Wright State University | $22.6M |
| 306 | Montana Technological University | $22.6M |
| 307 | City University of New York, The, Advanced Science Research Center | $22.5M |
| 308 | United States Military Academy | $22.3M |
Keep looking
Where this institution sits
Related rankings
Benchmark Albany Medical College against its peers.
Request a demoData: NSF HERD FY2024, built from NSF's published tables on September 8, 2026. Page updated September 13, 2026.
Data: National Center for Science and Engineering Statistics, National Science Foundation, Higher Education Research and Development Survey, FY2024.
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