Drexel University
Drexel University reported $1.47 billion in revenue and $1.47 billion in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $86.54 went to program services, $12.30 to management and general costs and $1.16 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 79.0% of the total. Government grants made up 8.9%. The highest compensation it reported for one person was $1,880,879 (PRESIDENT (TO 9/30/24)). 1,328 people received more than $100,000 in reportable compensation. Revenue rose 10% between FY2020 and FY2025. Source: Form 990, FY2025.
Where $100 of spending went
The fiscal year ending June 30, 2025 · Form 990, Part IX, line 25 · total expenses $1.47BFor context, the median across 5,499 covered education charities: $85.56 programs, $13.59 management, $0.85 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
The fiscal year ending June 30, 2025 · Form 990, Part VIII · total revenue $1.47BThe 990 scorecard · same measures for every charity, no grades
| Measure | FY2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 86.5% | 84.4% |
| Management & general Part IX 25(C) ÷ 25(A) | 12.3% | 13.4% |
| Fundraising Part IX 25(D) ÷ 25(A) | 1.2% | 0.8% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.08 | $0.04 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 14.9% | 19.1% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 8.9% | 1.1% |
| Program service revenue share Part VIII 2g ÷ 12 | 79.0% | 69.9% |
| Highest reported compensation Part VII-A, columns D–F | $1,880,879 | $331,578 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 0.13% | 1.28% |
| People paid over $100,000 Part VII, line 2 | 1,328 | 8 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 11.6 | 13.3 |
| Independent voting board members Part VI 1a–1b | 51 of 57 | 100.0% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
FY2025 · Form 990, Part III · the three largest programs by expenseInstructiondrexel is a comprehensive national research university dedicated to providing quality undergraduate, graduate and professional education featuring excellent academics, state-of-the-art technology and a focus on real-world learning and service. Drexel is classified as an r1 research university in the carnegie classification of institutions of higher education - a rank that denotes the highest level of research activity, held by just 37 private universities around the country. Drexel disclosed 56 new inventions and received 25 new united states patents in fiscal year 2025. The…
Researchdrexel researchers work across disciplines to increase the world's store of knowledge and translate that new knowledge into solutions with tremendous positive impact on society. Typically, the university receives about $110 million per year in research expenditures. The university is committed to using its research and technological expertise to become an even more powerful economic engine for greater philadelphia, helping to create new high-tech businesses and jobs. Drexel is creating an ecosystem of innovation in and around university city. This ecosystem will ultimately benefit…
Patient care/public serviceit is Drexel University's patient care mission to serve the community through the delivery of high-quality, cost-effective health care services, including programs of health promotion and disease prevention. All clinical services are provided with careful regard for the individual patient and their family. The university's clinical practices provide patient-centered health care in a variety of services including general internal medicine, HIV/AIDS, student health, addiction medicine, psychiatry, eating disorders, and optometry, among others
Highest reported compensation
FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| PRESIDENT (TO 9/30/24) Director/trustee, officer, 40.00 hrs/week | $1,829,538 | $0 | $51,341 | $1,880,879 |
| DEAN & SVP, MED AFFAIRS, COM Key employee, 40.00 hrs/week | $1,066,351 | $0 | $155,675 | $1,222,026 |
| EXECUTIVE VP/COO/CFO/TREASURER Officer, 40.00 hrs/week | $731,029 | $0 | $132,698 | $863,727 |
| SVP, GRADUATE AND ONLINE EDUCATION Key employee, 40.00 hrs/week | $699,203 | $0 | $128,344 | $827,547 |
| SVP, INSTITUTIONAL ADVANCEMENT Key employee, 40.00 hrs/week | $693,018 | $0 | $132,698 | $825,716 |
| SVP AND GENERAL COUNSEL Key employee, 40.00 hrs/week | $686,490 | $0 | $132,698 | $819,188 |
| SVP, STUDENT SUCCESS & INT SVP Key employee, 40.00 hrs/week | $640,018 | $0 | $125,538 | $765,556 |
| SVP AND CHRO Key employee, 40.00 hrs/week | $610,242 | $0 | $113,918 | $724,160 |
1,328 people received more than $100,000 in reportable compensation from Drexel University (Part VII, line 2). Compensation of current officers, directors and key employees totaled $11M (Part IX, line 5).
6 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b57 · 51 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13Yes
- Document retention policy Part VI 14Yes
- Independent process for top executive pay Part VI 15aYes
- Board given the 990 before filing Part VI 11aYes
- Family or business ties among insiders Part VI 2Yes
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26Yes
- Lobbying, or a 501(h) election in effect Part IV 4Yes
- Over $15,000 of professional fundraising services Part IV 18Yes
- Over $10,000 of activity outside the U.S. Part IV 14bYes
- Employees Part I, line 512,301
- Volunteers Part I, line 63,877
Largest outside contractors
FY2025 · Form 990, Part VII, Section B · businesses only| ARAMARK SERVICES INC Food services | $18,115,878 |
| ALLIED UNIVERSAL SECURITY SERVICES Security services | $8,450,986 |
| WEBCO INTECH Construction services | $4,697,706 |
| STC PEDIATRICS LLC Academic services | $3,244,555 |
| LEVLANE ADVERTISING INC Advertising services | $3,066,074 |
Individuals listed as contractors are left out. 147 contractors were paid more than $100,000 in all.
Private foundation grants it received
149 private foundations reported grants to Drexel University totaling $13M on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.
Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.
Correct a figure or respond
Every number above is copied from Drexel University's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Drexel University, you can publish a response that is linked from this page.
Share or embed this breakdown
Of every $100 Drexel University spent in FY2025, $86.54 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
- The Howard UniversityWashington, DC · revenue $1.43B · programs 67.8% · FY2025
- Albert Einstein College of MedicineBronx, NY · revenue $1.48B · programs 93.0% · 2024
- The Governors of the University of CalgaryCanada, · revenue $1.36B · programs 94.5% · FY2026
- Universite de MontrealCanada, · revenue $1.51B · programs 84.6% · FY2025
- University of WaterlooCanada, · revenue $1.35B · programs 93.2% · FY2025
Questions people ask
How much of Drexel University's spending goes to programs?
In the fiscal year ending June 30, 2025, Drexel University reported that 86.5% of its $1.47 billion in expenses went to program services, 12.3% to management and general and 1.2% to fundraising (Form 990, Part IX).
How much does Drexel University pay its top executive?
The largest total compensation Drexel University reported for one person in the fiscal year ending June 30, 2025 was $1,880,879, for the role of PRESIDENT (TO 9/30/24) (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Drexel University get its money?
Of $1.47 billion in revenue in the fiscal year ending June 30, 2025, 14.9% came from contributions and grants (including 8.9% from government grants) and 79.0% from program service revenue (Form 990, Part VIII).
Is Drexel University a registered charity?
The IRS lists EIN 23-1352630 as a 501(c)(3) organization (school), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- FY2025: Form 990 for the fiscal year ending June 30, 2025, object 202611349349311266 · read the filing · XML
- FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202511359349304681 · read the filing
- FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202421369349304212 · read the filing
- FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202321359349320387 · read the filing
- FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202231369349317723 · read the filing
- FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202141379349306009 · read the filing
All filings for EIN 23-1352630: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.