Overview

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Est.

1974

Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

MDRC is a nonprofit focused on public administration and job preparation & procurement, dedicated to improving the well-being of low-income people by researching ways to strengthen social policies and programs that affect the poor. In filing year 2024, it reported an operating budget of $93.2M and total revenue of $89.3M, with major funding from LAURA AND JOHN ARNOLD FOUNDATION, BILL & MELINDA GATES FOUNDATION, and ROBIN HOOD FOUNDATION.

Mission Statement

MDRC IS DEDICATED TO IMPROVING THE WELL-BEING OF LOW-INCOME PEOPLE. (SEE SCHEDULE O) THROUGH OUR RESEARCH, WE SEEK TO ENHANCE THE EFFECTIVENESS OF SOCIAL POLICIES & PROGRAMS THAT AFFECT THE POOR.
Revenues
$89.3M
Expenses
$93.9M
Net Income:
-$4.6M
Assets
$157.2M
Liabilities
$65.2M
Net Assets:
+$92M
Operating Budget
$93.2M
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
38
Median grant size
$287.2K
Largest grant received
$10.1M
V
Virginia W Knox
Board Member
H
Hilary Hoynes
Board Member
L
Lawrence Katz
Board Member
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  • 74 funders
  • 60 board & team members
  • 12 historic 990s & financials
  • 6-year operating budget trend
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Frequently Asked Questions

What is MDRC’s budget?
In 2024, MDRC reported an annual operating budget of around $93.2 million. More detailed financial information is available to registered users.
What causes does MDRC support?
MDRC supports work in Public administration and Job Preparation & Procurement.
Where does MDRC operate?
MDRC is headquartered in New York, NY.
Who funded MDRC recently?
In 2024, MDRC received grants from BILL & MELINDA GATES FOUNDATION, University of Chicago, and Ascendium Education Solutions Inc. More information on this organization’s funders is available to registered users.
What is the largest grant MDRC received in 2024?
The largest grant to MDRC in 2024 exceeds $10.1 million.
What is MDRC’s reliance on government grants?
MDRC relied on government grants for more than 35% of their total revenue in 2024.