WOODS HOLE OCEANOGRAPHIC INSTITUTION
569 WOODS HOLE RDMS14, WOODS HOLE, MA · IRS data through FY2024
Revenue, expenses and net assets
Revenue Expenses Net assets
| Tax year | Revenue | Expenses | Net assets |
|---|---|---|---|
| FY2024 | $344,338,772 | $353,206,433 | $638,700,121 |
| FY2023 | $345,864,759 | $331,628,959 | $603,300,153 |
| FY2022 | $353,851,530 | $296,228,623 | $560,354,675 |
| FY2021 | $294,655,196 | $297,419,661 | $518,640,097 |
| FY2020 | $255,307,779 | $265,292,350 | $434,165,909 |
| FY2019 | $261,786,466 | $257,326,966 | $385,707,475 |
| FY2018 | $203,711,976 | $227,673,490 | $355,636,056 |
| FY2017 | $204,987,861 | $221,538,942 | $364,771,074 |
| FY2016 | $215,727,317 | $236,368,081 | $338,318,794 |
| FY2015 | $226,448,993 | $236,227,294 | $341,757,225 |
| FY2014 | $227,726,444 | $241,893,236 | $333,546,014 |
| FY2013 | $207,009,183 | $223,971,218 | $360,365,723 |
| FY2012 | $285,218,896 | $224,198,145 | $280,331,575 |
| FY2011 | $231,017,407 | $226,559,293 | $264,129,581 |
Where the revenue came from
| Source | Amount | % of revenue |
|---|---|---|
| Contributions & grants | $331,673,405 | 97% |
| Program service revenue | $11,032,718 | 3% |
Where the money was spent
| Category | Amount | % of expenses |
|---|---|---|
| Program services | $307,447,023 | 87% |
| Management & general | $40,552,008 | 11% |
| Fundraising | $5,207,402 | 1% |
What the numbers show
- Contributions & grants made up 97% of total revenue in FY2024.
- Program services accounted for 87% of functional expenses, management & general 11%, and fundraising 1%.
- 87% of functional expenses went to program services in FY2024. That is higher than 65.5% of 171 Science & Technology organizations nationwide (too few in MA for a state comparison).
- Net assets covered about 21.7 months of expenses at the end of the reporting year. That puts it in the 64th percentile among 94 Science & Technology organizations in MA.
- Total revenue was higher than 97.9% of 96 Science & Technology organizations in MA.
- Total revenue rose from $231,017,407 in FY2011 to $344,338,772 in FY2024, Revenue increased in 5 and decreased in 8 of 13 year-over-year comparisons.
- Expenses exceeded revenue in 9 of 14 reported years (FY2013, FY2014, FY2015, FY2016, FY2017, FY2018, FY2020, FY2021, FY2024).
- The highest revenue on record here is $353,851,530 in FY2022.
- Net assets grew from $264,129,581 to $638,700,121 between FY2011 and FY2024.
- Contributions and grants made up 89% of revenue in FY2011 and 96% in FY2024.
- Donations are generally tax-deductible (public charity).
Figures compared against other organizations of the same NTEE program area in the same state. See the methodology page for how these are calculated and the guide to reading nonprofit financials for their limits.
About this organization
IRS status
| Ruling year | 1954 |
| Subsection | 501(c)(3) |
| Classification | Public charity |
| Program area (NTEE) | U210 — Science & Technology |
| Donations | Donations are generally tax-deductible (public charity). |
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Source: Internal Revenue Service — Exempt Organizations Business Master File (downloaded September 20, 2026), Statistics of Income extracts, Form 990 e-file data, Publication 78 and the Automatic Revocation list. Figures are as reported by the organization; IRS processing may adjust them. This is not a charity rating and not tax advice. Confirm deductibility in IRS Tax Exempt Organization Search.
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