Illinois Institute of Technology research and development spending, FY2024
- Chicago, IL
- R2
- Private nonprofit
- Standard form filer
Illinois Institute of Technology in FY2024
$38.0 million
spent on research and development in FY2024, as reported to the NSF HERD Survey
- National rank
- #253 of 925
- Change on FY2023
- up 15.0%
- Rank change
- up 2
Illinois Institute of Technology reported $38.0 million of research and development spending in FY2024, ranking #253 of the 925 institutions in the survey. That is up 15.0% on FY2023's $33.0 million; its national rank was up 2 places. Federal government is its largest funding source at 84.2% ($32.0 million), followed by institution funds at 7.6%. Its largest field of research is engineering, $15.7 million or 41.4% 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 | $36.6 million | 206 |
| FY2011 | $44.5 million | 197 |
| FY2012 | $32.6 million | 219 |
| FY2013 | $36.7 million | 208 |
| FY2014 | $31.4 million | 217 |
| FY2015 | $34.3 million | 215 |
| FY2016 | $29.8 million | 226 |
| FY2017 | $32.7 million | 221 |
| FY2018 | $33.3 million | 222 |
| FY2019 | $34.3 million | 228 |
| FY2020 | $29.1 million | 237 |
| FY2021 | $29.7 million | 237 |
| FY2022 | $29.8 million | 249 |
| FY2023 | $33.0 million | 255 |
| FY2024 | $38.0 million | 253 |
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 Illinois 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 | $32.0 million | 84.2% | +14.2% | 216 |
| Institution funds | $2.9 million | 7.6% | +41.6% | 368 |
| Business | $1.5 million | 3.9% | +14.7% | 214 |
| Nonprofit organizations | $973 thousand | 2.6% | +13.4% | 284 |
| All other sources | $459 thousand | 1.2% | −28.8% | 243 |
| State and local government | $185 thousand | 0.5% | +20.1% | 465 |
| All sources | $38.0 million | 100.0% | +15.0% | 253 |
Fields of research
The 9 NSF research fields Illinois Institute of Technology reported in FY2024, largest first.
| Field | FY2024 | Share | Change on FY2023 | US rank |
|---|---|---|---|---|
| Engineering | $15.7 million | 41.4% | +18.3% | 166 |
| Life sciences | $14.3 million | 37.5% | +16.0% | 231 |
| Computer and information sciences | $3.9 million | 10.4% | +12.2% | 155 |
| Physical sciences | $2.8 million | 7.5% | −6.6% | 224 |
| Mathematics and statistics | $554 thousand | 1.5% | +34.5% | 204 |
| Non-S&E | $216 thousand | 0.6% | +15.5% | 543 |
| Other sciences | $169 thousand | 0.4% | +7.0% | 207 |
| Social sciences | $165 thousand | 0.4% | +1078.6% | 432 |
| Geosciences, atmospheric sciences, and ocean sciences | $99 thousand | 0.3% | +5.3% | 416 |
Neighbours
Ranked around Illinois Institute of Technology
Institutions ranked immediately above and below
The five institutions ranked above Illinois Institute of Technology and the five below it in the FY2024 national ranking.
| Rank | Institution | FY2024 R&D |
|---|---|---|
| 248 | San Francisco State University | $42.0M |
| 249 | Marshall University | $39.2M |
| 250 | State University of New York College of Environmental Science and Forestry | $38.7M |
| 251 | Oakland University | $38.5M |
| 252 | California Polytechnic State University, San Luis Obispo | $38.1M |
| 253 | Illinois Institute of Technology | $38.0M |
| 254 | State University of New York, Downstate Health Sciences University | $37.3M |
| 255 | Tennessee Technological University | $36.4M |
| 256 | University of Nebraska at Omaha | $35.1M |
| 257 | Tennessee State University | $35.0M |
| 258 | Embry-Riddle Aeronautical University | $35.0M |
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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