TheFiscalFinder

Top recipients of federal money: FY2025

≈ computed · all obligations

Health Care Services, California Department of received more federal money than any other recipient in FY2025: $112.5B across contracts, grants, direct payments and loans. Every federal dollar obligated to a recipient, whatever form it took. State health agencies and universities dominate this list precisely because entitlement and research money dwarfs procurement. ≈ computed

Ranked from USASpending records, data current as of 2026-09-01. FY2020 to FY2025 are loaded.

  1. 1$112.5B
  2. 2
    NYS Department of Health7 funding agencies
    $76.6B
  3. 3
    Lockheed Martin Corporation7 funding agencies
    $75B
  4. 4
    Health & Human SVC Commn TX6 funding agencies
    $40.8B
  5. 5$36.2B
  6. 6
    General Dynamics Corporation15 funding agencies
    $35B
  7. 7$31.4B
  8. 8
    RTX Corporation9 funding agencies
    $30.5B
  9. 9$27.7B
  10. 10
    UnitedHealth Group5 funding agencies
    $25.3B
  11. 11$24.5B
  12. 12$22.8B
  13. 13$21.9B
  14. 14
    The Boeing Company5 funding agencies
    $21.8B
  15. 15$21.1B
  16. 16$20.2B
  17. 17$18.2B
  18. 18$18B
  19. 19$17.2B
  20. 20$16.8B
  21. 21$16.4B
  22. 22$15.8B
  23. 23$15.2B
  24. 24$14.6B
  25. 25$14.5B
  26. 26$13.9B
  27. 27$13.8B
  28. 28$13.4B
  29. 29$13B
  30. 30$12.8B
  31. 31$11.9B
  32. 32
    Mckesson Corporation4 funding agencies
    $11.9B
  33. 33$11.8B
  34. 34$11B
  35. 35$11B
  36. 36$10.4B
  37. 37$10B
  38. 38$9.7B
  39. 39$9.6B
  40. 40$8.9B
  41. 41
    Leidos, Inc.20 funding agencies
    $8.8B
  42. 42$8.6B
  43. 43$8B
  44. 44
    BAE Systems, Inc.11 funding agencies
    $8B
  45. 45$7.9B
  46. 46$7.6B
  47. 47$7.5B
  48. 48
    Amerisourcebergen Drug Corp4 funding agencies
    $7.4B
  49. 49
    Booz Allen Hamilton Inc10 funding agencies
    $7.4B
  50. 50$7.2B
  51. 51
    L3Harris Technologies, Inc.10 funding agencies
    $6.8B
  52. 52
    Alabama Medicaid Agency1 funding agency
    $6.6B
  53. 53$6.5B
  54. 54$6.3B
  55. 55$6.2B
  56. 56$6.1B
  57. 57$6B
  58. 58
    Atlantic Diving Supply, Inc.10 funding agencies
    $6B
  59. 59$6B
  60. 60$5.9B
  61. 61$5.8B
  62. 62$5.7B
  63. 63$5.2B
  64. 64
    CACI International Inc15 funding agencies
    $4.8B
  65. 65$4.7B
  66. 66$4.6B
  67. 67$4.6B
  68. 68$4.6B
  69. 69$4.6B
  70. 70$4.4B
  71. 71$4.3B
  72. 72$4.2B
  73. 73
    Bechtel Corporation4 funding agencies
    $4.2B
  74. 74
    Battelle Memorial Institute11 funding agencies
    $4.2B
  75. 75$4B
  76. 76$4B
  77. 77
    TX Education Agency4 funding agencies
    $3.9B
  78. 78$3.9B
  79. 79$3.8B
  80. 80$3.8B
  81. 81$3.7B
  82. 82
    Deloitte LLP13 funding agencies
    $3.6B
  83. 83$3.6B
  84. 84
    Peraton Corp.15 funding agencies
    $3.6B
  85. 85
    Amentum Services, Inc.10 funding agencies
    $3.6B
  86. 86$3.6B
  87. 87$3.5B
  88. 88$3.4B
  89. 89$3.4B
  90. 90$3.3B
  91. 91
    Dell Technologies Inc.13 funding agencies
    $3.3B
  92. 92$3.3B
  93. 93$3.2B
  94. 94$3.2B
  95. 95
    Bccg a Joint Venture1 funding agency
    $3.1B
  96. 96$3.1B
  97. 97$3B
  98. 98
    General Electric Company5 funding agencies
    $3B
  99. 99$3B
  100. 100$3B

The unfiltered view. For the procurement question specifically, see the top federal contractors ranking, which counts contract-coded dollars only.

Questions

Who receives the most federal money in FY2025?
Health Care Services, California Department of, with $112.5B obligated in FY2025.
Why do state agencies outrank defense companies here?
Because this counts all federal money, and entitlement programs administered by states move far more of it than procurement does. Ranking contracts alone reverses the order.
Where does this ranking come from?
It is computed from USASpending.gov award records, which are U.S. government works and in the public domain. Each figure is every dollar obligated to that recipient in FY2025. TheFiscalFinder does the ranking; the underlying figures are the government's own.
How many recipients are shown?
The top 100 for FY2025. Each row opens that recipient's own page, where the same money is broken out by year, by counterparty and by place.
Does a high position mean anything is wrong?
No. This is a description of where public money went in FY2025, computed from public records. It is not an allegation about anyone on it.

Related rankings

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Why the labels? The graph is only worth anything if the links are trusted. Facts taken straight from a federal filing are ✓ from source; figures we calculate are ≈ computed; links we infer (corporate parents, districts, competitors, connections between records) are ≈ inferred, worded carefully, never asserted as fact and never a claim that one thing caused another. Spot an error? Tell us.