University of Richmond research and development spending, FY2024
- University of Richmond, VA
- Private nonprofit
- Standard form filer
University of Richmond in FY2024
$3.0 million
spent on research and development in FY2024, as reported to the NSF HERD Survey
- National rank
- #543 of 925
- Change on FY2023
- down 3.2%
- Rank change
- down 30
University of Richmond reported $3.0 million of research and development spending in FY2024, ranking #543 of the 925 institutions in the survey. That is down 3.2% on FY2023's $3.1 million; its national rank was down 30 places. Federal government is its largest funding source at 52.4% ($1.6 million), followed by institution funds at 38.1%. Its largest field of research is life sciences, $956 thousand or 32.3% 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 | $4.1 million | 388 |
| FY2011 | $4.1 million | 395 |
| FY2012 | $4.3 million | 397 |
| FY2013 | $3.4 million | 417 |
| FY2014 | $3.6 million | 410 |
| FY2015 | $3.1 million | 428 |
| FY2016 | $3.0 million | 442 |
| FY2017 | $3.1 million | 447 |
| FY2018 | $2.8 million | 465 |
| FY2019 | $2.8 million | 471 |
| FY2020 | $2.5 million | 487 |
| FY2021 | $2.3 million | 513 |
| FY2022 | $2.7 million | 514 |
| FY2023 | $3.1 million | 511 |
| FY2024 | $3.0 million | 541 |
FY2024 breakdown
Where the money came from, and what it paid for
FY2024 funding sources and research fields
Funding sources
The 4 NSF funding sources University of Richmond 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 | $1.6 million | 52.4% | +12.5% | 521 |
| Institution funds | $1.1 million | 38.1% | −7.4% | 451 |
| Nonprofit organizations | $275 thousand | 9.3% | −36.9% | 427 |
| State and local government | $6 thousand | 0.2% | — | 624 |
| All sources | $3.0 million | 100.0% | −3.2% | 543 |
Fields of research
The 8 NSF research fields University of Richmond reported in FY2024, largest first.
| Field | FY2024 | Share | Change on FY2023 | US rank |
|---|---|---|---|---|
| Life sciences | $956 thousand | 32.3% | −9.0% | 489 |
| Non-S&E | $927 thousand | 31.3% | +14.4% | 389 |
| Physical sciences | $577 thousand | 19.5% | +2.5% | 364 |
| Psychology | $249 thousand | 8.4% | −22.7% | 316 |
| Mathematics and statistics | $113 thousand | 3.8% | +101.8% | 339 |
| Social sciences | $111 thousand | 3.7% | −8.3% | 479 |
| Geosciences, atmospheric sciences, and ocean sciences | $22 thousand | 0.7% | −83.7% | 480 |
| Computer and information sciences | $6 thousand | 0.2% | — | 579 |
Neighbours
Ranked around University of Richmond
Institutions ranked immediately above and below
The five institutions ranked above University of Richmond and the five below it in the FY2024 national ranking.
| Rank | Institution | FY2024 R&D |
|---|---|---|
| 538 | University of Houston-Downtown | $3.0M |
| 539 | City University of New York, The, New York City College of Technology | $3.0M |
| 540 | Blackfeet Community College | $3.0M |
| 541 | Elon University | $3.0M |
| 542 | University of Health Sciences and Pharmacy in St. Louis | $3.0M |
| 543 | University of Richmond | $3.0M |
| 544 | Eastern Washington University | $3.0M |
| 545 | University of Louisiana at Monroe | $2.9M |
| 546 | Lewis & Clark College | $2.9M |
| 547 | College of New Jersey, The | $2.9M |
| 548 | Merrimack College | $2.9M |
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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