University of Pennsylvania research and development spending, FY2024
- Philadelphia, PA
- R1
- Private nonprofit
- Standard form filer
University of Pennsylvania in FY2024
$2.2 billion
spent on research and development in FY2024, as reported to the NSF HERD Survey
- National rank
- #2 of 925
- Change on FY2023
- up 10.9%
- Rank change
- up 1
University of Pennsylvania reported $2.2 billion of research and development spending in FY2024, ranking #2 of the 925 institutions in the survey. That is up 10.9% on FY2023's $2.0 billion; its national rank was up 1 place. Federal government is its largest funding source at 47.0% ($1.0 billion), followed by institution funds at 36.1%. Its largest field of research is life sciences, $1.7 billion or 76.6% 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 | $836.3 million | 10 |
| FY2011 | $886.0 million | 11 |
| FY2012 | $847.1 million | 13 |
| FY2013 | $828.4 million | 18 |
| FY2014 | $828.4 million | 18 |
| FY2015 | $864.1 million | 17 |
| FY2016 | $1.3 billion | 3 |
| FY2017 | $1.4 billion | 4 |
| FY2018 | $1.4 billion | 4 |
| FY2019 | $1.5 billion | 4 |
| FY2020 | $1.6 billion | 4 |
| FY2021 | $1.6 billion | 4 |
| FY2022 | $1.8 billion | 3 |
| FY2023 | $2.0 billion | 3 |
| FY2024 | $2.2 billion | 2 |
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 University of Pennsylvania 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 | $1.0 billion | 47.0% | +8.8% | 9 |
| Institution funds | $782.3 million | 36.1% | +21.7% | 1 |
| Business | $172.6 million | 8.0% | −15.0% | 5 |
| Nonprofit organizations | $152.8 million | 7.0% | +13.6% | 7 |
| State and local government | $29.9 million | 1.4% | +7.2% | 58 |
| All other sources | $11.4 million | 0.5% | +26.0% | 65 |
| All sources | $2.2 billion | 100.0% | +10.9% | 2 |
Fields of research
The 10 NSF research fields University of Pennsylvania reported in FY2024, largest first.
| Field | FY2024 | Share | Change on FY2023 | US rank |
|---|---|---|---|---|
| Life sciences | $1.7 billion | 76.6% | +10.8% | 2 |
| Non-S&E | $166.4 million | 7.7% | +13.9% | 2 |
| Engineering | $124.5 million | 5.7% | +10.5% | 37 |
| Physical sciences | $84.6 million | 3.9% | +17.4% | 21 |
| Social sciences | $69.6 million | 3.2% | +5.1% | 11 |
| Computer and information sciences | $28.0 million | 1.3% | +32.7% | 37 |
| Psychology | $16.2 million | 0.7% | −6.9% | 29 |
| Mathematics and statistics | $9.6 million | 0.4% | +11.6% | 25 |
| Other sciences | $6.5 million | 0.3% | −30.0% | 54 |
| Geosciences, atmospheric sciences, and ocean sciences | $2.3 million | 0.1% | −1.8% | 183 |
Neighbours
Ranked around University of Pennsylvania
Institutions ranked immediately above and below
The one institution ranked above University of Pennsylvania and the five below it in the FY2024 national ranking.
| Rank | Institution | FY2024 R&D |
|---|---|---|
| 1 | Johns Hopkins University | $4.1B |
| 2 | University of Pennsylvania | $2.2B |
| 3 | University of California, San Francisco | $2.1B |
| 4 | University of Michigan, Ann Arbor | $2.1B |
| 5 | University of Wisconsin-Madison | $1.9B |
| 6 | University of California, Los Angeles | $1.9B |
| 7 | University of California, San Diego | $1.9B |
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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