California Institute of Technology research and development spending, FY2024
- Pasadena, CA
- R1
- Private nonprofit
- Standard form filer
California Institute of Technology in FY2024
$445.2 million
spent on research and development in FY2024, as reported to the NSF HERD Survey
- National rank
- #81 of 925
- Change on FY2023
- down 9.3%
- Rank change
- down 13
California Institute of Technology reported $445.2 million of research and development spending in FY2024, ranking #81 of the 925 institutions in the survey. That is down 9.3% on FY2023's $490.7 million; its national rank was down 13 places. Federal government is its largest funding source at 67.1% ($298.8 million), followed by institution funds at 13.7%. Its largest field of research is physical sciences, $217.3 million or 48.8% 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 | $362.2 million | 53 |
| FY2011 | $377.5 million | 56 |
| FY2012 | $379.7 million | 57 |
| FY2013 | $347.1 million | 62 |
| FY2014 | $367.2 million | 57 |
| FY2015 | $374.4 million | 57 |
| FY2016 | $371.1 million | 57 |
| FY2017 | $400.3 million | 57 |
| FY2018 | $391.0 million | 60 |
| FY2019 | $399.9 million | 63 |
| FY2020 | $449.7 million | 57 |
| FY2021 | $438.6 million | 62 |
| FY2022 | $478.1 million | 60 |
| FY2023 | $490.7 million | 68 |
| FY2024 | $445.2 million | 81 |
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 California Institute of Technology 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 | $298.8 million | 67.1% | −3.8% | 65 |
| Institution funds | $60.9 million | 13.7% | +12.8% | 140 |
| Business | $45.4 million | 10.2% | +26.4% | 45 |
| Nonprofit organizations | $27.5 million | 6.2% | −5.3% | 71 |
| All other sources | $8.9 million | 2.0% | −84.6% | 77 |
| State and local government | $3.9 million | 0.9% | +0.1% | 190 |
| All sources | $445.2 million | 100.0% | −9.3% | 81 |
Fields of research
The 10 NSF research fields California Institute of Technology reported in FY2024, largest first.
| Field | FY2024 | Share | Change on FY2023 | US rank |
|---|---|---|---|---|
| Physical sciences | $217.3 million | 48.8% | −7.5% | 4 |
| Life sciences | $93.7 million | 21.0% | −8.2% | 123 |
| Engineering | $75.7 million | 17.0% | +2.5% | 67 |
| Geosciences, atmospheric sciences, and ocean sciences | $39.1 million | 8.8% | −17.2% | 30 |
| Computer and information sciences | $9.7 million | 2.2% | −29.5% | 94 |
| Other sciences | $3.9 million | 0.9% | −71.0% | 74 |
| Psychology | $2.1 million | 0.5% | +90.4% | 155 |
| Social sciences | $1.9 million | 0.4% | −42.4% | 207 |
| Mathematics and statistics | $1.4 million | 0.3% | +74.4% | 143 |
| Non-S&E | $357 thousand | 0.1% | +28.0% | 481 |
Neighbours
Ranked around California Institute of Technology
Institutions ranked immediately above and below
The five institutions ranked above California Institute of Technology and the five below it in the FY2024 national ranking.
| Rank | Institution | FY2024 R&D |
|---|---|---|
| 76 | Colorado State University, Fort Collins | $466.4M |
| 77 | University of Delaware | $465.8M |
| 78 | Iowa State University | $462.3M |
| 79 | Florida State University | $460.7M |
| 80 | Utah State University | $451.4M |
| 81 | California Institute of Technology | $445.2M |
| 82 | University of Connecticut | $433.5M |
| 83 | Louisiana State University, Baton Rouge | $431.4M |
| 84 | University of Texas Health Science Center at Houston, The | $419.1M |
| 85 | Dartmouth College and Dartmouth Hitchcock Medical Center | $418.4M |
| 86 | Washington State University | $403.4M |
Keep looking
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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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