Based on the data, private non-profit expenditure on R&D in the US shows a consistent year-on-year growth from 2024 to 2028, starting at $26.92 billion in 2024 and reaching $27.95 billion by 2028. Compared to 2023, this forecast suggests a steady increase in investment, indicative of ongoing confidence and commitment to innovation within the non-profit sector.

Future trends to watch for include:

Increased focus on digital and technological advancements, potentially leading to higher R&D investment.
The impact of economic fluctuations on funding availability and philanthropic contributions.
Policy changes or incentives that could further drive R&D expenditures in non-profit organizations.