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RAND Corporation is a nonprofit organization that conducts research and analysis on a variety of social and economic issues related to business, education, poverty, crime, health, law and science. The organization serves decisionmakers in the public and private sectors throughout the world. It has been in operation since 1948 and maintains locations in Santa California, Virginia and Pennsylvania, as well as Boston. The organization has annual revenues of more than $230 million and employs a staff of up to 1,600 people. It administers Pardee RAND Graduate School (PRGS). RAND Corporation operates various divisions, such as RAND Europe and RAND Arroyo Center.