S4Y-R universities ranked by research expenditures, FY2024

17 S4Y-R institutions reported to the NSF HERD survey in FY2024, and together they spent $8.5 billion, 7.3% of the US total. University of California, San Francisco leads at $2.1 billion — #3 nationally, close to twice Icahn School of Medicine at Mount Sinai's $1.0 billion. 14 spent more than in FY2023 and 3 spent less. The list runs down to Eastern Virginia Medical School at $27.9 million; every name on it links to that institution's own page.

S4Y-R is the 2021 Carnegie basic classification "Special Focus Four-Year: Research Institution".

Institutions: 17
FY2024 R&D: $8.5 billion
Share of the US total: 7.3%

The 17 S4Y-R institutions ranked by total research and development expenditures, NSF HERD FY2024.
In S4Y-R	Institution	US rank	State	FY2024 R&D	Change on FY2023	Rank change
1	University of California, San Francisco	#3	California	$2.1B	+4.0%	down 1
2	Icahn School of Medicine at Mount Sinai	#34	New York	$1.0B	+4.4%	held
3	Baylor College of Medicine	#42	Texas	$881.2M	+4.0%	down 3
4	University of Texas Southwestern Medical Center, The	#43	Texas	$869.3M	+8.6%	up 1
5	Oregon Health and Science University	#64	Oregon	$545.2M	+5.3%	down 4
6	University of Texas Health Science Center at Houston, The	#84	Texas	$419.1M	+12.0%	up 1
7	Albert Einstein College of Medicine	#95	New York	$360.8M	+7.3%	held
8	Medical College of Wisconsin	#96	Wisconsin	$360.3M	+3.9%	down 5
9	University of Massachusetts Medical School	#98	Massachusetts	$349.6M	+7.0%	held
10	Medical University of South Carolina	#105	South Carolina	$321.0M	−3.8%	down 9
11	University of Texas Health Science Center at San Antonio, The	#108	Texas	$312.8M	+11.3%	up 3
12	Rockefeller University, The	#110	New York	$305.3M	−20.7%	down 28
13	University of Texas Medical Branch, The	#131	Texas	$241.1M	+3.4%	down 6
14	University of Arkansas for Medical Sciences	#136	Arkansas	$226.8M	+8.3%	up 1
15	University of Tennessee, The, Health Science Center	#169	Tennessee	$124.8M	−4.4%	down 3
16	Texas Tech University Health Sciences Center	#234	Texas	$53.0M	+8.9%	down 3
17	Eastern Virginia Medical School	#281	Virginia	$27.9M	+16.3%	up 5
All 17				$8.5B

Rank is a competition rank: two institutions that spent the same share a rank and the next one is skipped. Figures are NSF's own, as revised in the FY2024 release, and are shown to one decimal. How these numbers are built.

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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.

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