Icahn School of Medicine at Mount Sinai research and development spending, FY2024

  • New York, NY
  • S4Y-R
  • Private nonprofit
  • Standard form filer

Icahn School of Medicine at Mount Sinai in FY2024

$1.0 billion

spent on research and development in FY2024, as reported to the NSF HERD Survey

National rank
#34 of 925
Change on FY2023
up 4.4%
Rank change
held

Icahn School of Medicine at Mount Sinai reported $1.0 billion of research and development spending in FY2024, ranking #34 of the 925 institutions in the survey. That is up 4.4% on FY2023's $972.5 million; its national rank was unchanged. Federal government is its largest funding source at 68.3% ($693.4 million), followed by institution funds at 13.3%. Its largest field of research is life sciences, $1.0 billion or 100.0% of the total.

Over time

Research spending, FY2010 to FY2024

Icahn School of Medicine at Mount Sinai research and development expenditures, FY2010 to FY2024A line from $370.7 million in FY2010 to $1.0 billion in FY2024. Every plotted figure is in the table below.$0$253.9M$507.8M$761.7M$1.0BFY2010FY2015FY2020FY2024

Standard-form totals FY2010 onwards as revised by NCSES in the newest release; rank is within that series.

Year-by-year figures
Icahn School of Medicine at Mount Sinai research and development expenditures by fiscal year, NSF HERD.
Fiscal yearR&D expenditureRank in series
FY2010$370.7 million50
FY2011$405.5 million49
FY2012$400.7 million50
FY2013$428.7 million47
FY2014$463.4 million43
FY2015$508.4 million42
FY2016$540.3 million40
FY2017$575.4 million40
FY2018$640.1 million38
FY2019$722.2 million36
FY2020$747.0 million36
FY2021$820.3 million33
FY2022$894.0 million33
FY2023$972.5 million34
FY2024$1.0 billion34

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 Icahn School of Medicine at Mount Sinai reported in FY2024, largest first. Shares are of its own FY2024 total, and the rank is national within that source.

Icahn School of Medicine at Mount Sinai research and development expenditures by funding source, NSF HERD FY2024.
SourceFY2024ShareChange on FY2023US rank
Federal government$693.4 million68.3%+5.2%27
Institution funds$134.8 million13.3%−8.4%73
Business$83.3 million8.2%+3.6%22
Nonprofit organizations$75.9 million7.5%+22.0%25
All other sources$17.5 million1.7%+13.1%51
State and local government$10.6 million1.0%+27.0%113
All sources$1.0 billion100.0%+4.4%34

Fields of research

The one NSF research field Icahn School of Medicine at Mount Sinai reported in FY2024.

Icahn School of Medicine at Mount Sinai research and development expenditures by field of research, NSF HERD FY2024.
FieldFY2024ShareChange on FY2023US rank
Life sciences$1.0 billion100.0%+4.4%22

Neighbours

Ranked around Icahn School of Medicine at Mount Sinai

Institutions ranked immediately above and below

The five institutions ranked above Icahn School of Medicine at Mount Sinai and the five below it in the FY2024 national ranking.

Institutions ranked immediately above and below Icahn School of Medicine at Mount Sinai, NSF HERD FY2024.
RankInstitutionFY2024 R&D
29Emory University$1.2B
30Washington University in St. Louis$1.2B
31University of Texas at Austin, The$1.1B
32University of California, Berkeley$1.1B
33Massachusetts Institute of Technology$1.1B
34Icahn School of Medicine at Mount Sinai$1.0B
35University of Arizona, The$1.0B
36University of California, Davis$1.0B
37Arizona State University$1.0B
38Michigan State University$931.8M
39Purdue University, West Lafayette$931.5M

Benchmark Icahn School of Medicine at Mount Sinai against its peers.

Request a demo

Or see how it pairs with FundFit →

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.

Carnegie Classification of Institutions of Higher Education is licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License.