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Charity Math
The 990 read · EIN 23-7379473 · NY · Fiscal year 2024

Mdrc

Mdrc: CEO salary, finances and where donations go

In its own words

“Mdrc is dedicated to improving the well-being of low-income people. Through our research, we seek to enhance the effectiveness of social policies & programs that affect the poor.”

Data only Figures straight from the filing, screened by our rules. Not yet reviewed in depth by a CPA.

Methodology by Amir Arani, CPA, CA · Updated

Top pay
$646K Virginia W Knox, 0.7% of spending
Revenue
$89.3M 93.7% from donations and grants
Spent
$93.9M 81.1% on programs, as reported
Net assets
$92.0M end of 2024
Savings
11.8 months of spending, net assets ÷ spending
People
361 employees, 17 volunteers
Form 990 (2024), Parts I, VII, IX, X
01 · Red flags

No red flags in its latest filing.

We screen every filing against twelve rules. A flag is a prompt for a closer look, not a finding of wrongdoing.

No reported asset diversions, no insider transactions, no fundraisers keeping most of the money, and the governance policies we check for are in place.

02 · Where $1 goes · 2024

Of each dollar it spent, 81.1¢ went to programs, as reported.

The split the charity filed.
81.1¢
Programs, $76.2M
0.0¢
Fundraising, $4K
18.9¢
Admin, $17.8M
Form 990 (2024), Part IX, line 25
Cost to raise $1
0¢
as reported

For each dollar donated, Mdrc spent 0¢ on fundraising.

Fundraising ÷ $83.7M contributions · Form 990 Parts VIII, IX
03 · What it does

What it told the IRS it spent on.

The charity's own description of its largest programs, with what each cost.

Program 1 · 22.2% of program spending · $6K in grants $16.9M

Family well-being and child developmentfor decades, mdrc has been a leader in developing and studying interventions to improve outcomes for children living in families with low incomes. Our current work in this area focuses on two main domains: early care and education (ece) systems and family-focused service systems. In early care and education, we've worked with practitioners to develop and test interventions to improve classroom quality, curriculum and professional development, math interventions and supports, early childhood assessments, and p-3 alignmentas well as studied ways to support…

Program 2 · 17.5% of program spending $13.4M

K-12 educationfor 25 years, mdrc has been learning what may be most effective to raise the academic achievement of young people who are at risk of failing. We collaborate with public school systems, charter organizations, and national nonprofits to evaluate their programs and to use that information to help them develop evidence-based strategies for continuous program improvement.

Program 3 · 9.6% of program spending · $674K in grants $7.3M

Economic mobility, housing, and communitieslong regarded as the premier investigator of policies to improve the lives of families participating in public benefits programs, mdrc has brought its program development skills and reputation for methodological rigor to the challenge of learning how best to improve the economic health of workers and communities. The concentration of poverty and an associated lack of access to good jobs, affordable housing, quality goods and services, and economic and political resources presents special challenges for improving the prospects of residents of…

Program 4 · 9.3% of program spending $7.1M

Postsecondary educationpolicymakers and the philanthropic sector have focused new efforts on increasing student persistence and achievement in postsecondary education. Mdrc has identified the most effective programs developed by others, helped replicate those programs in new contexts, and assisted communities and institutions in developing new interventions based on the evidence developed in the studies available. We are now focused on helping states and higher education institutions adopt and scale the more successful interventions that have been developed and tested.

Program 5 · 9.1% of program spending · $10K in grants $6.9M

Information and dissemination: for mdrc's evidence to make a difference in the public policies and practices that affect people with low incomes, it must reach a broad audience. We produce clearly written research reports as well as policy briefs, "how-to" guides and toolkits, interactive tools, infographics, blog posts, commentaries, videos, and podcasts that distill the results of our studies and discuss their implications for policy and practice. We widely disseminate our findings to the media and public interest groups; to government officials and philanthropy; to practitioners and…

Program 6 · 4.9% of program spending $3.7M

Center for data insightsthe center for data insights furthers mdrc's long-standing commitment to helping organizations with which we collaborate their programs and systems by harnessing the benefits of operational data-science techniques those that produce actionable insights that can affect daily practice. Ranging from simple descriptive summaries to advanced machine learning algorithms, the center's projects aim to use institutions' increasingly rich data to provide new insights that can help them refine and target their services.

Form 990 (2024), Part III
04 · The savings

Net assets: $82.8M to $92.0M in 11 years.

Net assets at each fiscal year end, 2013 to 2024.

Net assets at year end, $ millions
83
111
106
85
81
75
81
85
106
92
96
92
Form 990 history via ProPublicaForm 990 (2024)
05 · Who gets paid

The 8 highest-paid people.

Reportable pay in 2024, from the charity and related organizations.

Virginia W Knox
President
$646,301
Jesus M Amadeo
Sr. Vice President & CFO
$497,884
Dan J Bloom - Sr Vice Pres
Dir., Policy, Research & E
$318,947
Charles Michalopoulos
Chief Economist
$273,830
James a Riccio
Principal Research Fellow
$267,817
Rose Kob
Vice President & Gen Counsel
$265,174
John Martinez
Vice President & Dir. Prog
$264,564
John Hutchins
Chief Communications Offic
$259,495
Form 990 (2024), Part VII, Section A
Largest outside contractors
ContractorServicePaid
Khan Academy IncResearch subcontract$3,307,891
Regents of the University of MinnesotaResearch subcontract$2,485,092
Mef AssociatesResearch subcontract$2,426,037
Abt Global LLCResearch subcontract$1,743,146
Abt Associates IncResearch subcontract$1,513,660
Form 990 (2024), Part VII, Section B
06 · Questions

The questions people ask about the Mdrc.

Short, sourced answers. Each one stands on its own.

How much does the Mdrc CEO make?

Virginia W Knox, President, received $646,301 in reportable compensation in 2024, 0.7% of Mdrc's $93.9M in spending.

Form 990 (2024), Part VII

What percentage of Mdrc donations go to programs?

Mdrc reported 81.1% of 2024 spending as programs, 0% as fundraising and 18.9% as management.

Form 990 (2024), Part IX

How much money does Mdrc have?

Net assets were $92.0M at the end of 2024, about 11.8 months of spending.

Form 990 (2024), Part X

Does Mdrc have any red flags in its filing?

Its latest Form 990 triggered none of our twelve screening rules, which cover reported asset diversions, insider transactions, fundraiser costs, governance policies and spending patterns.

Form 990 (2024)
07 · Sources and citing

Every number, traced.

  1. Mdrc Form 990, 2024 (IRS e-file)
  2. Mdrc Form 990 history (ProPublica Nonprofit Explorer)
Cite this page

Amir Arani, “Mdrc: CEO salary, finances and where your dollar goes,” Charity Math, updated 2026-11-07. https://charitymath.com/charities/mdrc/