NFP500

#111 of 500 · Research & Science

Aerospace Corporation

EIN 95-2102389 · VA · NTEE U300 · Form 990, fiscal 2023

A nonprofit that operates a federally funded research and development center (FFRDC) dedicated exclusively to the space enterprise. It provides independent technical analysis, engineering guidance, and oversight for U.S. national security space programs, working with the U.S. Space Force, National Reconnaissance Office, NASA, NOAA, and commercial and international customers to support space mission success.

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Financials, fiscal 2023

Revenue
$1.30B
Expenses
$1.27B
Total assets
$1.04B
Net assets
$355.2M
Operating margin
2.7%
1-year growth
9.1%
5-year growth (CAGR)
4.0%
Reserve (years of spending)
3.4
Contributions share
0.0%
Programme spending
99.7%
Fundraising cost
n/a
Executive pay share
0.96%
Employees
5,317
Revenue per employee
$245K
Grants paid
$430K
Years filing
62

NFP Health Score: 66 / 100

Financial 36 · Governance 100 · Operational 90. The score is built from Form 990 line items only. It cannot measure how well an organisation delivers its mission.

Mission

The Aerospace Corporation is the nation's trusted partner solving the hardest problems in space, leveraging unparalleled technical depth to meet critical mission needs and design foundational architectures that secure U.S. leadership in space and keep the nation safe.

Revenue history

YearRevenue
2019$1.11B
2020$1.16B
2021$1.17B
2022$1.19B
2023$1.30B