Pratt Institute: $337.7M Revenue, $322.6M Expenses

The efficiency rubric puts Pratt Institute at a B grade: a composite of 72/100 that lands above the national midpoint. The grade reflects solid financial reserves alongside reasonable officer compensation and steady revenue.

Pratt Institute is a large nonprofit by U.S. standards: $337.7M in 2023 revenue against $322.6M in expenses. Organizations in this revenue bracket usually run multiple programs with permanent staff and a meaningful endowment or reserve. Financial health is a strength: Pratt Institute carries a healthy operating-reserve cushion against $322.6M in annual expenses, the kind of balance-sheet stability that helps an organization weather funding gaps without cutting programs.

Five-year revenue has grown modestly. Pratt Institute is not expanding rapidly but is not shrinking either; the trajectory is consistent with stable donor and grant relationships. Officer compensation is modest relative to organizational size: Pratt Institute reports $1.8M in total compensation for current officers and key employees (Form 990 Part IX, line 5) against $337.7M in revenue. The ratio is well within the bands third-party charity raters consider reasonable at this scale. In the Education category, Pratt Institute sits alongside universities, K-12 systems, scholarship funds, and education-research organizations. Education-sector nonprofits often hold large endowments, which affects how the reserves-and-revenue figures should be read.