The Mitre Corporation
89% goes to programs $0 to raise $100 Growing revenue
The Mitre Corporation is a 501(c)(3) organization based in Bedford, Massachusetts, registered in 1960, with $2,475,879,129 in FY2024 revenue. CharityIndex grades it A, and it directs about 89% of spending to programs.
202 Burlington Rd, Bedford, MA, 01730 EIN 04-2239742 Since 1960
Revenue (FY2024)
$2.5B
▲ 4.3% vs prior year
Science & Tech median: $288K
Expenses (FY2024)
$2.4B
Net assets
$817.2M
Employees
10,374
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A
AProgram efficiency40% of the rating89% to programs · $0 to raise $100
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For The Mitre Corporation: 89% to programs · $0 to raise $100 earns a A on this criterion. See the exact thresholds →
AFinancial health25% of the rating4 mo reserves · +3% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For The Mitre Corporation: 4 mo reserves · +3% margin earns a A on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For The Mitre Corporation: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
A+Transparency10% of the rating5 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For The Mitre Corporation: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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Mission
The primary exempt purpose of the mitre corporation is to conduct scientific research activities in the public interest that ensure the safety and security of the united states, enabling solutions and decisions related to complex challenges of national and global significance.
What they do
Mitre national security (mns) bridges applied science and mission-specific needs to advance the nation's security. mns operates in the public interest by helping the u.s. government advance the national security and national defense strategies, and address the most pressing security challenges facing our country. mns includes the national security engineering center (nsec) federally funded research and development center which mitre has operated on behalf of the department of war (dow) for over 65 years. mns delivers mission-critical capabilities, accelerates commercial solutions, promotes enterprise-level outcomes, and enhances system interoperability within the dow and the nation's intelligence community.
Mitre public sector advances the health, safety, and security of all americans through the operation of five federally-funded research and development centers and public-private partnerships. mps solves today's most pressing technology challenges, fostering cooperation between industry and the government while applying systems thinking and innovative approaches that enhance government effectiveness and mission success. mps serves the public interest by helping to modernize mission-critical government functions and supporting technology infrastructures.
Mitre engenuity conducts scientific research in the public interest, providing collaborative solutions to national challenges that require private organizations, and investors in a non-competitive space. mitre engenuity focuses on solving complex challenges beyond what the government alone can address by engaging public and private stakeholders around the advancement of critical technologies, such cybersecurity, 5g, artificial intelligence, semiconductors, health it, and transportation.
Contact & location
- Address
- 202 Burlington Rd, Bedford, MA, 01730
- City
- Bedford
- State
- Massachusetts
- Category
- Science & Technology
- Subcategory
- Engineering & Technology
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $1.4B (FY2013) to $2.5B (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $369.7MNet assets $817.2M
Operating margin
3.0%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$1.2B
Total liabilities
$369.7M
Net assets
$817.2M
Salaries & benefits
$1.9B
80% of expenses
Board members
14
11 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $2,475,879,129▲4.3% | $2,400,902,975▲3.5% | $817,170,845▲9.7% | $1,186,820,863▲5.0% | 990 |
| 2023 | $2,372,797,370▲6.1% | $2,318,681,975▲4.2% | $745,020,106▲8.6% | $1,130,142,146▼4.9% | 990 |
| 2022 | $2,236,685,995▲335% | $2,224,471,060▲318% | $685,707,954▲2.0% | $1,187,855,880▲14.5% | 990 |
| 2021 | $514,545,047▼74.7% | $532,213,709▼73.5% | $672,341,736▼0.5% | $1,037,661,762▼0.3% | 990 |
| 2020 | $2,036,439,484▲6.1% | $2,008,596,028▲6.4% | $675,758,663▲3.8% | $1,040,944,020▲5.0% | 990 |
| 2019 | $1,919,518,688▲4.2% | $1,888,517,891▲4.6% | $650,786,792▲4.8% | $991,240,145▲4.4% | 990 |
| 2018 | $1,842,446,821▲6.3% | $1,805,472,671▲6.0% | $621,020,870▲3.6% | $949,328,893▲5.3% | 990 |
| 2017 | $1,733,665,000▲5.8% | $1,702,840,000▲5.9% | $599,156,000▲5.1% | $901,231,000▲4.5% | 990 |
| 2016 | $1,639,293,000▲6.3% | $1,608,608,000▲6.2% | $570,105,000▲5.7% | $862,058,000▲3.7% | 990 |
| 2015 | $1,542,118,000▲3.9% | $1,515,358,000▲4.2% | $539,588,000▲3.5% | $831,199,000▲5.4% | 990 |
| 2014 | $1,484,393,000▲8.7% | $1,453,808,000▲8.5% | $521,265,000▲7.7% | $788,403,000▲8.7% | 990 |
| 2013 | $1,365,047,000 | $1,340,316,000▼0.6% | $483,924,000▲5.4% | $725,235,000▲9.9% | 990 |
| 2012 | — | $1,349,081,000▼3.3% | $459,170,000▲8.1% | $659,716,000▲12.6% | 990 |
| 2011 | — | $1,394,590,000▲1.9% | $424,571,000▲7.5% | $586,031,000▲5.0% | 990 |
| 2010 | — | $1,368,768,000▲7.3% | $394,956,000▲5.7% | $558,250,000▲0.5% | 990 |
| 2009 | — | $1,275,313,000 | $373,686,000 | $555,528,000 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2024)
Highest-paid: Dr Jason F Providakes — $5,896,430 (0.25% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Dr Jason F Providakes | President & Ceo - Partial Year | 40 | $5,896,430 |
| Mark T Peters | President & Ceo - Partial Year | 40 | $2,378,541 |
| Dr Laurie Giandomenico | Svp,chief Acceleration Officer - Until Dec | 40 | $1,701,605 |
| Kathleen P Federico | Svp, Chief People Officer - Until Aug | 40 | $1,612,422 |
| Dr Cedric Sims | Svp, Enterprise Innovation and Integration | 40 | $1,554,161 |
| Keoki Jackson | Svp, Gm of the Mitre National Security Sector (mns) | 40 | $1,137,761 |
| T Charles Clancy III | Svp, Gm Mitre Labs, Cto | 40 | $1,044,267 |
| Wilson Y Wang | Svp, Cfo, Treasurer | 40 | $984,551 |
| Beth D Meinert | Svp and Gm, Mitre Public Sector (mps) | 40 | $981,081 |
| Julie Bowen | Svp,clo,operations & Outreach | 40 | $902,886 |
| Dr Jay J Schnitzer | Svp, Chief Engineer Officer, Chief Medical Officer | 40 | $831,463 |
| Kimberly Warren | Vice President - Until March | 40 | $644,775 |
| Yosry A Barsoum | Vp and Director, Center For Securing the Homeland (csh) | 40 | $633,239 |
| Dr Gregory K Crawford | Vp, Cross Cutting, Joint, Allies & Partners | 40 | $606,268 |
| Douglas P Robbins | Vp Engineering & Prototyping | 40 | $600,478 |
| Dr Kristina Buckley | Vp and Director, Cit | 40 | $599,601 |
| Steven J Kirin | Vp, Corporate Operations | 40 | $570,027 |
| Wen Masters | Vp, Cyber Technologies | 40 | $565,762 |
| Austin Y Wang | Vp, Intelligence Center | 40 | $553,795 |
| Chris Fall | Vp, Applied Sciences | 40 | $551,852 |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| Cushman & Wakefield Inc | Real Estate Services | $22,261,463 |
| Tangoe Inc | Contractor | $7,430,950 |
| Kpmg LLP | Consulting | $6,895,809 |
| Chapman Construction Design Company | Contractor | $5,717,672 |
| Universal Protection Service LP Allied | Contractor | $5,422,148 |
Grants received · $4.2M total
3 grants to The Mitre Corporation totaling $4.2M, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Bioindustrial Manufacturing and Design Ecosystem | Biomanufacturing research | 2023 | $3,073,701 |
| Carnegie Mellon University | Education/research | 2023 | $125,424 |
| Bioindustrial Manufacturing and Design Ecosystem | Biomanufacturing research | 2022 | $1,004,875 |
Grants made · $5.0M in FY2019
1 grant totaling $5.0M in FY2019. All grants made by The Mitre Corporation →
| Recipient | Purpose | Amount |
|---|---|---|
| Mitre Engenuity Incorporated | General support | $5,000,000 |
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Frequently asked questions
- Is The Mitre Corporation a legitimate nonprofit?
- Yes. The Mitre Corporation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 04-2239742, based in Bedford, Massachusetts. Donations are tax-deductible.
- What is The Mitre Corporation's EIN?
- The Mitre Corporation's Employer Identification Number (EIN) is 04-2239742.
- How much revenue does The Mitre Corporation report?
- The Mitre Corporation reported $2,475,879,129 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of The Mitre Corporation's spending goes to programs?
- The Mitre Corporation spends about 89% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does The Mitre Corporation have?
- CharityIndex grades The Mitre Corporation A, based on program efficiency and fundraising cost.
- How much does The Mitre Corporation's highest-paid employee make?
- The highest reported compensation on The Mitre Corporation's latest Form 990 is $5,896,430, paid to Dr Jason F Providakes (President & Ceo - Partial Year).
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Data for The Mitre Corporation (EIN 04-2239742) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.