Babson College research and development spending, FY2024
- Babson Park, MA
- Private nonprofit
- Standard form filer
Babson College in FY2024
$1.8 million
spent on research and development in FY2024, as reported to the NSF HERD Survey
- National rank
- #615 of 925
- Change on FY2023
- down 8.9%
- Rank change
- down 30
Babson College reported $1.8 million of research and development spending in FY2024, ranking #615 of the 925 institutions in the survey. That is down 8.9% on FY2023's $2.0 million; its national rank was down 30 places. All other sources is its largest funding source at 40.8% ($728 thousand), followed by institution funds at 34.2%. Its largest field of research is non-s&e, $1.4 million or 75.7% 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. The line breaks at FY2012, FY2013, FY2014, FY2015, which Babson College did not report.
Year-by-year figures
| Fiscal year | R&D expenditure | Rank in series |
|---|---|---|
| FY2010 | — | — |
| FY2011 | $696 thousand | 592 |
| FY2012 | — | — |
| FY2013 | — | — |
| FY2014 | — | — |
| FY2015 | — | — |
| FY2016 | $2.1 million | 489 |
| FY2017 | $1.8 million | 511 |
| FY2018 | $1.9 million | 517 |
| FY2019 | $1.8 million | 539 |
| FY2020 | $2.4 million | 492 |
| FY2021 | $1.3 million | 579 |
| FY2022 | $1.8 million | 568 |
| FY2023 | $2.0 million | 579 |
| FY2024 | $1.8 million | 606 |
FY2024 breakdown
Where the money came from, and what it paid for
FY2024 funding sources and research fields
Funding sources
The 5 NSF funding sources Babson 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 |
|---|---|---|---|---|
| All other sources | $728 thousand | 40.8% | −5.0% | 209 |
| Institution funds | $610 thousand | 34.2% | −19.5% | 524 |
| Federal government | $351 thousand | 19.7% | +56.7% | 737 |
| Nonprofit organizations | $92 thousand | 5.2% | −29.8% | 568 |
| Business | $2 thousand | 0.1% | −97.4% | 542 |
| All sources | $1.8 million | 100.0% | −8.9% | 615 |
Fields of research
The 3 NSF research fields Babson College reported in FY2024, largest first.
| Field | FY2024 | Share | Change on FY2023 | US rank |
|---|---|---|---|---|
| Non-S&E | $1.4 million | 75.7% | −5.6% | 346 |
| Social sciences | $388 thousand | 21.8% | −17.4% | 329 |
| Mathematics and statistics | $45 thousand | 2.5% | −18.2% | 426 |
Neighbours
Ranked around Babson College
Institutions ranked immediately above and below
The five institutions ranked above Babson College and the five below it in the FY2024 national ranking.
| Rank | Institution | FY2024 R&D |
|---|---|---|
| 610 | State University of New York College, Geneseo | $1.8M |
| 611 | Franklin W. Olin College of Engineering | $1.8M |
| 612 | Claflin University | $1.8M |
| 613 | University of North Georgia | $1.8M |
| 614 | United Tribes Technical College | $1.8M |
| 615 | Babson College | $1.8M |
| 616 | Biola University | $1.8M |
| 617 | Lincoln Memorial University | $1.8M |
| 618 | Andrews University | $1.8M |
| 619 | Dickinson College | $1.7M |
| 620 | Texas A&M University-Central Texas | $1.7M |
Keep looking
Where this institution sits
Related rankings
Data: 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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