#319 of 500 · Research & Science

Electric Power Research Institute Inc

EIN 23-7175375 · CA · NTEE W050 · Form 990, fiscal 2023

An independent, nonprofit research-and-development organization headquartered in Palo Alto, California, and founded in 1972 following the 1965 Northeast blackout. It conducts objective research on the generation, delivery, and use of electricity, collaborating with hundreds of electric utilities and stakeholders across dozens of countries to address reliability, efficiency, affordability, safety, and environmental challenges in the power sector.

Financials, fiscal 2023

Revenue

$478.7M

Expenses

$498.3M

Total assets

$427.8M

Net assets

$151.4M

Operating margin

-4.1%

1-year growth

7.4%

5-year growth (CAGR)

3.3%

Reserve (years of spending)

3.6

Contributions share

n/a

Programme spending

97.2%

Fundraising cost

n/a

Executive pay share

2.69%

Employees

1,455

Revenue per employee

$329K

Grants paid

$1.8M

Years filing

51

NFP Health Score: 57 / 100

Financial 33 · Governance 75 · Operational 90. The score is built from Form 990 line items only. It cannot measure how well an organisation delivers its mission.

Mission

To advance safe, reliable, affordable, and environmentally responsible electricity for society through global collaboration, science and technology innovation, and applied research. (EPRI states it works to enhance quality of life by making electric power safe, reliable, affordable, and environmentally responsible.)

Revenue history