Charles Stark Draper Laboratory
Charles Stark Draper Laboratory reported $949.3 million in revenue and $919.5 million in expenses for the fiscal year ending June 27, 2025. Of every $100 it spent, $86.07 went to program services, $13.93 to management and general costs and $0.00 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 99.1% of the total. The highest compensation it reported for one person was $2,106,272 (PRESIDENT AND CEO). 1,866 people received more than $100,000 in reportable compensation. Revenue rose 17923% between FY2020 and FY2025. Source: Form 990, FY2025.
Where $100 of spending went
The fiscal year ending June 27, 2025 · Form 990, Part IX, line 25 · total expenses $919MFor context, the median across 192 covered science & technology charities: $84.33 programs, $15.67 management, $0.00 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
The fiscal year ending June 27, 2025 · Form 990, Part VIII · total revenue $949M- Contributions & grants (non-government)$0.04 $342K
- Government grants$0.09 $822K
- Program service revenue$99.12 $941M
- Investment income$0.75 $7.2M
Other revenue was negative: −$62,240. The bar shows the positive sources only.
The 990 scorecard · same measures for every charity, no grades
| Measure | FY2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 86.1% | 83.2% |
| Management & general Part IX 25(C) ÷ 25(A) | 13.9% | 15.5% |
| Fundraising Part IX 25(D) ÷ 25(A) | 0.0% | 0.0% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.00 | $0.00 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 0.1% | 51.6% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 0.1% | 3.2% |
| Program service revenue share Part VIII 2g ÷ 12 | 99.1% | 19.2% |
| Highest reported compensation Part VII-A, columns D–F | $2,106,272 | $513,729 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 0.23% | 1.72% |
| People paid over $100,000 Part VII, line 2 | 1,866 | 27 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 7.9 | 14.7 |
| Independent voting board members Part VI 1a–1b | 13 of 14 | 94.3% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
FY2025 · Form 990, Part III · the three largest programs by expenseDraper engineers solutions that serve our national security and stategic defense interests. From developing, testing and delivering the world's most accurate systems to providing technology across multiple disciplines to address our customers' most complex technological challenges, building on our historic 90-year legacy, we support humankind's desire to surpass the boundries of our planet and to protect, defend and extend human life through innovation. We are proud of our long-standing commitment as a champion of U.S. Military, space and national security missions, across air, land and sea…
Highest reported compensation
FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| PRESIDENT AND CEO Director/trustee, officer, 40.00 hrs/week | $1,793,133 | $0 | $313,139 | $2,106,272 |
| VP, STRATEGIC SYSTEMS PROGRAMS Key employee, 40.00 hrs/week | $533,189 | $0 | $123,394 | $656,583 |
| VICE PRESIDENT, ENGINEERING Highest compensated employee, 40.00 hrs/week | $515,465 | $0 | $127,865 | $643,330 |
| VP, GM AF & MD STATERGIC SYSTEMS Highest compensated employee, 40.00 hrs/week | $481,444 | $0 | $92,400 | $573,844 |
| VICE PRESIDENT, ELECTRONIC SYSTEMS Key employee, 40.00 hrs/week | $485,264 | $0 | $86,677 | $571,941 |
| VICE PRESIDENT, CHRO Highest compensated employee, 40.00 hrs/week | $448,437 | $0 | $104,364 | $552,801 |
| VP, USAF & MDA STRATEGIC SYSTEMS Highest compensated employee, 40.00 hrs/week | $491,656 | $0 | $60,996 | $552,652 |
| CHIEF OPERATING OFFICER Officer, 40.00 hrs/week | $465,867 | $0 | $53,365 | $519,232 |
1,866 people received more than $100,000 in reportable compensation from Charles Stark Draper Laboratory (Part VII, line 2). Compensation of current officers, directors and key employees totaled $6.1M (Part IX, line 5).
7 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked| Filing | Revenue | Expenses | Programs | Net assets | Top pay |
|---|---|---|---|---|---|
| FY2025 ⓘ | $949M | $919M | 86.1% | $605M | $2,106,272 |
| FY2024 ⓘ | $871M | $830M | 85.6% | $553M | $1,765,104 |
| FY2023 ⓘ | $765M | $730M | 84.5% | $485M | $839,536 |
| FY2022 (amended) ⓘ | $673M | $654M | 84.4% | $431M | $886,360 |
| FY2022 ⓘ | $1.9M | $336K | 93.4% | $23M | — |
| FY2021 ⓘ | $741M | $710M | 84.3% | $424M | $1,751,210 |
| FY2020 ⓘ | $5.3M | $544K | 96.1% | $21M | $20,261 |
Governance answers, as filed
FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b14 · 13 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13Yes
- Document retention policy Part VI 14Yes
- Independent process for top executive pay Part VI 15aYes
- Board given the 990 before filing Part VI 11aYes
- Family or business ties among insiders Part VI 2No
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26No
- Lobbying, or a 501(h) election in effect Part IV 4Yes
- Over $15,000 of professional fundraising services Part IV 18No
- Over $10,000 of activity outside the U.S. Part IV 14bYes
- Employees Part I, line 52,738
Largest outside contractors
FY2025 · Form 990, Part VII, Section B · businesses only| NAP CONSTRUCTION LLC Outside services | $14,250,336 |
| ELYSIAN TECHNOLOGY INC Computer hardware | $7,277,392 |
| CHAPMAN CONSTRUCTIONDESIGN COMPANY Outside services | $7,077,344 |
| SOFTWORLD INC Staffing company | $7,038,494 |
| DIGITAL PROSPECTORS Staffing company | $6,781,746 |
Individuals listed as contractors are left out. 242 contractors were paid more than $100,000 in all.
Correct a figure or respond
Every number above is copied from Charles Stark Draper Laboratory's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Charles Stark Draper Laboratory, you can publish a response that is linked from this page.
Share or embed this breakdown
Of every $100 Charles Stark Draper Laboratory spent in FY2025, $86.07 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
- Weizmann Institute of ScienceIsrael, · revenue $891M · programs 60.6% · FY2025
- Southwest Research InstituteSan Antonio, TX · revenue $979M · programs 84.6% · FY2025
- American Chemical SocietyWashington, DC · revenue $819M · programs 87.8% · 2024
- Alliance for Energy Innovation LlcGolden, CO · revenue $1.06B · programs 97.6% · FY2025
- Blueforge AllianceBryan, TX · revenue $731M · programs 96.2% · FY2025
All science & technology charities · Largest charities in Massachusetts
Questions people ask
How much of Charles Stark Draper Laboratory's spending goes to programs?
In the fiscal year ending June 27, 2025, Charles Stark Draper Laboratory reported that 86.1% of its $919.5 million in expenses went to program services, 13.9% to management and general and 0.0% to fundraising (Form 990, Part IX).
How much does Charles Stark Draper Laboratory pay its top executive?
The largest total compensation Charles Stark Draper Laboratory reported for one person in the fiscal year ending June 27, 2025 was $2,106,272, for the role of PRESIDENT AND CEO (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Charles Stark Draper Laboratory get its money?
Of $949.3 million in revenue in the fiscal year ending June 27, 2025, 0.1% came from contributions and grants (including 0.1% from government grants) and 99.1% from program service revenue (Form 990, Part VIII).
Is Charles Stark Draper Laboratory a registered charity?
The IRS lists EIN 04-2505372 as a 501(c)(3) organization (publicly supported organization (170(b)(1)(a)(vi))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- FY2025: Form 990 for the fiscal year ending June 27, 2025, object 202620829349301312 · read the filing · XML
- FY2024: Form 990 for the fiscal year ending June 28, 2024, object 202500529349301500 · read the filing
- FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202410439349302061 · read the filing
- FY2022: Form 990 for the fiscal year ending July 1, 2022 (amended), object 202341349349300199 · read the filing
- FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202222919349300722 · read the filing
- FY2021: Form 990 for the fiscal year ending June 25, 2021, object 202211029349301336 · read the filing
- FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202110419349300441 · read the filing
All filings for EIN 04-2505372: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.