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Indiana · Nonprofit

Rose-Hulman Institute of Technology

Rose-Hulman Institute of Technology (Indiana) receives grants from 178 organizations whose IRS filings report $78,172,891 to it, the largest being LILLY ENDOWMENT INC ($45,619,290). 105 of them have funded it in more than one year.

Revenue FY2025
$234M
Funders on record
178
Grants received
$78M
Net assets
$484M
105/178 repeat funderspeak grant-dependency 5%
01What it does

What Rose-Hulman Institute of Technology does

Mission

To provide our students with the world's best undergraduate education in engineering, mathematics, and science in an environment of individual attention and support.

As stated on its FY2025 Form 990.

Program

  1. Founded in 1874, Rose-Hulman Institute of Technology is a nationally recognized leader in undergraduate STEM education, offering top-tier programs in science, engineering, and mathematics. With a student-focused environment and a commitment to academic excellence, Rose-Hulman is consistently ranked among the nation's best for faculty quality, career services, return on investment, and value-added education. Year after year, nearly 100% of graduates secure career opportunities or pursue advanced degrees. Located in Terre Haute, Indiana, the Institute is home to more than 2,300 students driven by innovation and hands-on learning.

    $162,139,892 spentof which $69,225,405 as grants$158,514,985 earned by the program
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $162,139,892.

02The organization over time

The organization over time

Each line starts at 100 in 2019, so what you read is the shape rather than the size: 150 means half as much again as 2019, 50 means half. The number beside each label in the key is where it ended.

100 = 20192019 Revenue 100 ($142M) Expenses 100 ($139M) Net assets 100 ($327M)2020 Revenue 101 ($143M) Expenses 97 ($135M) Net assets 102 ($333M)2021 Revenue 107 ($152M) Expenses 100 ($139M) Net assets 118 ($386M)2022 Revenue 109 ($155M) Expenses 110 ($152M) Net assets 113 ($369M)2023 Revenue 116 ($164M) Expenses 118 ($164M) Net assets 119 ($390M)2024 Revenue 119 ($169M) Expenses 124 ($173M) Net assets 126 ($410M)2025 Revenue 165 ($234M) Expenses 132 ($183M) Net assets 148 ($484M)
2019202020212022202320242025
Revenue (165)Expenses (132)Net assets (148)

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2024 to 2025, from $539M to $615M (+14%).

$443M
$459M
$504M
$479M
$496M
$539M
$615M
2019202020212022202320242025
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2019 0% · 2020 1% · 2021 1% · 2022 3% · 2023 1% · 2024 0% · 2025 0%. Grants only. Government contracts and fees sit inside program revenue.

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 7 reported years ran a deficit.

$3.2M
’19
$8.9M
’20
$13M
’21
$2.9M
’22
$720k
’23
−$4.0M
’24
$51M
’25
3.0
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

2019202020212022202320242025
Listed44403740394041
Joined·+8+8+8+4+9+3
No longer listed·12115582
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 38 funders to 63 funders, grant income fell $8.0M → $3.1M.

32 of 178 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 31% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of Rose-Hulman Institute of Technology’s funders (the co-funder graph). Top 30 of 178 funders by total. Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

Rose-Hulman Institute of Technology leans on a few funders — its largest provides 58% of grant income and the top three 82%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

33% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund Rose-Hulman Institute of Technology.

58%
largest funder
82%
top three
~3
effective funders

Largest funder’s share by year: 2017 75% · 2018 49% · 2019 68% · 2020 44% · 2021 40% · 2022 51% · 2023 24% — diversifying over time.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How long its funders stay

45% of Rose-Hulman Institute of Technology's funders are still giving 3 years after their first grant; 59% give in more than one year at all.

first grant+1y+2y+3y+4y+5y+6y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

92% of Rose-Hulman Institute of Technology's grant income comes from Indiana funders.

NH
WA
MT
MN
IL
WI
MI
NY
MA
IA
IN
OH
PA
NJ
CT
CA
CO
MO
KY
VA
DE
AZ
KS
NC
SC
DC
OK
LA
AL
GA
TX
FL

In-state vs out-of-state, by year

’17
’18
’19
’20
’21
’22
’23
Indiana out of state home

Funder states come from each funder’s own filing. $24M arriving through sponsors registered in 16 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Government funding Rose-Hulman Institute of Technology receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $7.6M on record.

Federal$7.6M
grants $7.6Mcontracts $0
17
18
19
20
21
23
24
25
Top agencies
  • Department of Education$5.8M
  • National Science Foundation$1.8M

Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.

Organizations like Rose-Hulman Institute of Technology

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Indiana

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

88% of spending goes to programs.

Program 88%Management 9%Fundraising 2%

Governance

25
board members
88%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention–Board reviewed the 990✓Audited financials

Footprint & structure

Files a return copy in 1 state

IN

Part of a family of 3 related entities

  • Independent Colleges of Indiana · exempt
  • Assoc of Independent Technological Univ · exempt
  • Charitable Remainder Trusts (4) · corp_trust

Screen this organization

A dated, signed PDF of the compliance screen for Rose-Hulman Institute of Technology: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds Rose-Hulman Institute of Technology?
Rose-Hulman Institute of Technology (Indiana) receives grants from 178 organizations whose IRS filings report $78,172,891 to it, the largest being LILLY ENDOWMENT INC ($45,619,290). 105 of them have funded it in more than one year.
How many funders does Rose-Hulman Institute of Technology have?
IRS filings report 178 organizations giving $78,172,891 in grants to Rose-Hulman Institute of Technology, 105 of which have funded it in more than one year.
Who is the largest funder of Rose-Hulman Institute of Technology?
LILLY ENDOWMENT INC is the largest funder on record, with $45,619,290 in grants. The full list of funders is on this page.
How can an organization like Rose-Hulman Institute of Technology find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Indiana. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2019–2025), and the filings of 178 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 22, 2026. What this page cannot tell you · view filing