DREXEL UNIVERSITY
3201 ARCH ST STE 400, PHILADELPHIA, PA · IRS data through FY2025
Revenue, expenses and net assets
Revenue Expenses Net assets
| Tax year | Revenue | Expenses | Net assets |
|---|---|---|---|
| FY2025 | $1,465,915,989 | $1,473,388,878 | $1,424,379,973 |
| FY2024 | $1,400,964,891 | $1,453,206,532 | $1,394,235,881 |
| FY2023 | $1,412,910,056 | $1,405,662,980 | $1,321,599,147 |
| FY2022 | $1,352,478,393 | $1,329,025,773 | $1,274,974,662 |
| FY2021 | $1,241,696,208 | $1,249,941,935 | $1,339,652,170 |
| FY2020 | $1,329,522,543 | $1,324,502,480 | $1,184,534,101 |
| FY2019 | $1,350,889,299 | $1,430,888,337 | $1,193,280,670 |
| FY2018 | $1,375,999,770 | $1,338,464,315 | $1,246,177,376 |
| FY2017 | $1,338,081,742 | $1,296,287,756 | $1,162,901,513 |
| FY2016 | $1,297,155,786 | $1,272,631,113 | $1,137,044,181 |
| FY2015 | $1,270,836,466 | $1,199,306,204 | $1,115,693,661 |
| FY2014 | $1,006,260,659 | $931,317,968 | $804,910,189 |
| FY2013 | $938,599,729 | $855,596,140 | $742,024,916 |
| FY2011 | $847,601,658 | $745,064,433 | $637,974,722 |
Where the revenue came from
| Source | Amount | % of revenue |
|---|---|---|
| Contributions & grants | $217,988,753 | 16% |
| Program service revenue | $1,157,589,074 | 84% |
Where the money was spent
| Category | Amount | % of expenses |
|---|---|---|
| Program services | $1,275,149,929 | 87% |
| Management & general | $181,175,408 | 12% |
| Fundraising | $17,063,541 | 1% |
What the numbers show
- Program service revenue made up 84% of total revenue in FY2025.
- Program services accounted for 87% of functional expenses, management & general 12%, and fundraising 1%.
- 87% of functional expenses went to program services in FY2025. That is higher than 62.1% of 264 Education organizations in PA.
- Net assets covered about 11.6 months of expenses at the end of the reporting year. That puts it in the 41st percentile among 2559 Education organizations in PA.
- Total revenue was higher than 99.9% of 2603 Education organizations in PA.
- Total revenue rose from $847,601,658 in FY2011 to $1,465,915,989 in FY2025, Revenue increased in 9 and decreased in 4 of 13 year-over-year comparisons.
- Expenses exceeded revenue in 4 of 14 reported years (FY2019, FY2021, FY2024, FY2025).
- Net assets grew from $637,974,722 to $1,424,379,973 between FY2011 and FY2025.
- Contributions and grants made up 22% of revenue in FY2011 and 15% in FY2025.
- Donations are generally tax-deductible (public charity).
Figures compared against other organizations of the same NTEE program area in the same state. See the methodology page for how these are calculated and the guide to reading nonprofit financials for their limits.
About this organization
INTEGRATED ACADEMIC OFFERINGS ENHANCED BY TECHNOLOGY, COOPERATIVE EDUCATION AND CLINICAL PRACTICE
IRS status
| Ruling year | 1927 |
| Subsection | 501(c)(3) |
| Classification | Public charity |
| Program area (NTEE) | B43 — Education (in PA) |
| Donations | Donations are generally tax-deductible (public charity). |
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Source: Internal Revenue Service — Exempt Organizations Business Master File (downloaded September 20, 2026), Statistics of Income extracts, Form 990 e-file data, Publication 78 and the Automatic Revocation list. Figures are as reported by the organization; IRS processing may adjust them. This is not a charity rating and not tax advice. Confirm deductibility in IRS Tax Exempt Organization Search.
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