Baylor College of Medicine research and development spending, FY2024
- Houston, TX
- S4Y-R
- Private nonprofit
- Standard form filer
Baylor College of Medicine in FY2024
$881.2 million
spent on research and development in FY2024, as reported to the NSF HERD Survey
- National rank
- #42 of 925
- Change on FY2023
- up 4.0%
- Rank change
- down 3
Baylor College of Medicine reported $881.2 million of research and development spending in FY2024, ranking #42 of the 925 institutions in the survey. That is up 4.0% on FY2023's $847.3 million; its national rank was down 3 places. Federal government is its largest funding source at 51.5% ($453.7 million), followed by institution funds at 33.4%. Its largest field of research is life sciences, $881.2 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 | $447.9 million | 37 |
| FY2011 | $466.1 million | 37 |
| FY2012 | $474.7 million | 37 |
| FY2013 | $508.8 million | 37 |
| FY2014 | $496.3 million | 40 |
| FY2015 | $520.2 million | 39 |
| FY2016 | $572.5 million | 39 |
| FY2017 | $605.0 million | 39 |
| FY2018 | $623.4 million | 40 |
| FY2019 | $651.9 million | 42 |
| FY2020 | $685.6 million | 42 |
| FY2021 | $717.0 million | 38 |
| FY2022 | $827.0 million | 36 |
| FY2023 | $847.3 million | 39 |
| FY2024 | $881.2 million | 42 |
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 Baylor College of Medicine 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 | $453.7 million | 51.5% | +3.0% | 45 |
| Institution funds | $294.3 million | 33.4% | +4.1% | 26 |
| Nonprofit organizations | $43.3 million | 4.9% | −24.2% | 43 |
| Business | $42.9 million | 4.9% | +29.7% | 49 |
| State and local government | $34.0 million | 3.9% | −0.2% | 50 |
| All other sources | $12.9 million | 1.5% | — | 62 |
| All sources | $881.2 million | 100.0% | +4.0% | 42 |
Fields of research
The one NSF research field Baylor College of Medicine reported in FY2024.
| Field | FY2024 | Share | Change on FY2023 | US rank |
|---|---|---|---|---|
| Life sciences | $881.2 million | 100.0% | +4.0% | 26 |
Neighbours
Ranked around Baylor College of Medicine
Institutions ranked immediately above and below
The five institutions ranked above Baylor College of Medicine and the five below it in the FY2024 national ranking.
| Rank | Institution | FY2024 R&D |
|---|---|---|
| 37 | Arizona State University | $1.0B |
| 38 | Michigan State University | $931.8M |
| 39 | Purdue University, West Lafayette | $931.5M |
| 40 | University of Illinois at Urbana-Champaign | $906.8M |
| 41 | Indiana University, Bloomington | $897.0M |
| 42 | Baylor College of Medicine | $881.2M |
| 43 | University of Texas Southwestern Medical Center, The | $869.3M |
| 44 | University of Alabama at Birmingham, The | $865.9M |
| 45 | Rutgers, The State University of New Jersey, New Brunswick | $836.8M |
| 46 | University of Virginia, Charlottesville | $813.8M |
| 47 | University of Utah, The | $789.3M |
Keep looking
Where this institution sits
Related rankings
Benchmark Baylor College of Medicine 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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