Charity Impact Media

Home › Education

Wilmington University

New Castle, DE · EIN 51-0107088 · 501(c)(3) · School
Latest filing: Form 990 for the fiscal year ending June 30, 2025 (tax year 2024) · View the filing · Correct or respond

Wilmington University reported $142.4 million in revenue and $136.0 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $78.04 went to program services, $21.68 to management and general costs and $0.28 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 83.3% of the total. Government grants made up 10.4%. The highest compensation it reported for one person was $2,384,463 (VICE PRESIDENT (THRU 2/29/24)). 155 people received more than $100,000 in reportable compensation. Revenue rose 6% 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 $136M

For 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 $142M

The 990 scorecard · same measures for every charity, no grades

FY2025 filing. Median across 5,499 covered charities in this category, from their latest filings.
MeasureFY2025Median
Program services
Part IX 25(B) ÷ 25(A)
78.0%84.4%
Management & general
Part IX 25(C) ÷ 25(A)
21.7%13.4%
Fundraising
Part IX 25(D) ÷ 25(A)
0.3%0.8%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.02$0.04
Contributions & grants share of revenue
Part VIII 1h ÷ 12
10.9%19.1%
Government grants share of revenue
Part VIII 1e ÷ 12
10.4%1.1%
Program service revenue share
Part VIII 2g ÷ 12
83.3%69.9%
Highest reported compensation
Part VII-A, columns D–F
$2,384,463$331,578
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
1.75%1.28%
People paid over $100,000
Part VII, line 2
1558
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
28.113.3
Independent voting board members
Part VI 1a–1b
13 of 16100.0%

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 expense
$106M expenses · 100.0% of program spending · grants $21M · revenue $115M

Wilmington University is committed to being a university where respect for each other is paramount, integrity guides all of our choices, providing educational opportunity is our primary purpose, and responsiveness to community needs is key. In designing academic programs and student services, we support innovation and actively seek faculty with experience in their fields who can provide students with an education focused on practical application.Wilmington University is classified by the carnegie commission as a doctoral/research university. The university offers degree programs at the…

Highest reported compensation

FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
VICE PRESIDENT (THRU 2/29/24)
Highest compensated employee, 40.00 hrs/week
$2,360,641$0$23,822$2,384,463
PRESIDENT
Officer, 40.00 hrs/week
$1,352,188$0$62,079$1,414,267
SR. VICE PRESIDENT & COO
Key employee, 40.00 hrs/week
$661,182$0$85,846$747,028
SR. VICE PRESIDENT, CFO & TREASURER
Officer, 40.00 hrs/week
$597,481$0$70,420$667,901
DEAN
Highest compensated employee, 40.00 hrs/week
$532,336$0$64,953$597,289
FORMER VICE PRESIDENT
Former, 0.00 hrs/week
$592,858$0$0$592,858
PROFESSOR
Highest compensated employee, 40.00 hrs/week
$442,728$0$116,992$559,720
VICE PRESIDENT
Highest compensated employee, 40.00 hrs/week
$435,817$0$26,737$462,554

155 people received more than $100,000 in reportable compensation from Wilmington University (Part VII, line 2). Compensation of current officers, directors and key employees totaled $3.3M (Part IX, line 5).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$50M$100M$150M$200MFY2020FY2021FY2022FY2023FY2024FY2025$142M$136M
FilingRevenueExpensesProgramsNet assetsTop pay
FY2025 ⓘ$142M$136M78.0%$319M$2,384,463
FY2024 ⓘ$157M$133M78.4%$303M$1,250,904
FY2023 ⓘ$124M$121M81.9%$289M$1,259,153
FY2022 ⓘ$130M$119M72.8%$271M$1,087,557
FY2021 ⓘ$149M$115M74.0%$286M$1,070,329
FY2020 ⓘ$135M$121M72.8%$242M$1,024,478

Governance 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–1b16 · 13 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 18No
  • Over $10,000 of activity outside the U.S. Part IV 14bYes
  • Employees Part I, line 52,030
  • Volunteers Part I, line 617

Largest outside contractors

FY2025 · Form 990, Part VII, Section B · businesses only
FREEDOM MECHANICAL INC
Mechanical contractor
$625,708
FEARN-CLENDANIEL ARCHITECTS INC
Architectual
$479,623
BARNES & THORNBURG LLP
Legal & professional services
$297,881
SHURE-LINE ELECTRIC INC
Electrical services
$223,075
JC CONTRACTORS LLC
Remodeling and repairs
$208,177

Individuals listed as contractors are left out. 10 contractors were paid more than $100,000 in all.

Private foundation grants it received

4 private foundations reported grants to Wilmington University totaling $1.0M 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 Wilmington 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 Wilmington University, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All education charities · Largest charities in Delaware

Questions people ask

How much of Wilmington University's spending goes to programs?

In the fiscal year ending June 30, 2025, Wilmington University reported that 78.0% of its $136.0 million in expenses went to program services, 21.7% to management and general and 0.3% to fundraising (Form 990, Part IX).

How much does Wilmington University pay its top executive?

The largest total compensation Wilmington University reported for one person in the fiscal year ending June 30, 2025 was $2,384,463, for the role of VICE PRESIDENT (THRU 2/29/24) (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Wilmington University get its money?

Of $142.4 million in revenue in the fiscal year ending June 30, 2025, 10.9% came from contributions and grants (including 10.4% from government grants) and 83.3% from program service revenue (Form 990, Part VIII).

Is Wilmington University a registered charity?

The IRS lists EIN 51-0107088 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 202630559349301538 · read the filing · XML
  • FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202521299349300542 · read the filing
  • FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202411209349301456 · read the filing
  • FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202340209349300139 · read the filing
  • FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202210399349300931 · read the filing
  • FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202130349349300013 · read the filing

All filings for EIN 51-0107088: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.