MDRC

New York, NY, US
501(c)3
EIN
23-7379473
New York, NY, US
501(c)3
EIN
23-7379473

Overview

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Est.

1974

Fiscal Year Start

Jan 1

Organization Type

Grantseeker
AI Summary
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MDRC is a nonprofit organization dedicated to improving the well-being of low-income individuals through research aimed at enhancing the effectiveness of social policies and programs that impact the poor. With an operating budget of $93.2 million and total revenue of $89.3 million for the 2024 filing year, MDRC is significantly funded by multiple sources, with no single funder contributing 50% or more of its revenue. More information about its initiatives and impact can be found on its website, www.mdrc.org.

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

36

Median grant size
$260K
Largest grant received
$10.1M
V
Virginia W Knox
Board Member
L
Lawrence Katz
Board Member
H
Hilary Hoynes
Board Member

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, Ascendium Education Solutions Inc, and LAURA AND JOHN ARNOLD FOUNDATION. 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.
Overview
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