Delaware State University
1200 N Dupont Hwy, Dover, DE · IRS data through FY2025
Revenue, expenses and net assets
Revenue Expenses Net assets
| Tax year | Revenue | Expenses | Net assets |
|---|---|---|---|
| FY2025 | $275,459,558 | $273,433,946 | -$23,974,194 |
| FY2024 | $266,316,190 | $255,334,460 | -$27,936,016 |
| FY2023 | $250,363,927 | $249,770,271 | -$41,205,746 |
| FY2022 | $245,074,854 | $215,791,173 | -$43,087,310 |
| FY2021 | $212,915,533 | $202,623,272 | -$81,585,523 |
| FY2020 | $186,257,288 | $174,109,099 | -$95,688,680 |
| FY2019 | $170,619,816 | $171,742,625 | -$108,009,034 |
| FY2018 | $154,787,347 | $165,941,230 | -$107,194,828 |
| FY2017 | $156,150,615 | $160,097,009 | $121,366,279 |
| FY2016 | $156,884,385 | $153,473,940 | $124,071,062 |
| FY2015 | $144,036,080 | $148,699,245 | $120,822,016 |
| FY2014 | $146,619,108 | $148,665,618 | $147,643,901 |
| FY2013 | $146,953,742 | $145,319,477 | $153,758,928 |
| FY2012 | $146,333,206 | $134,620,911 | $151,643,251 |
Form 990 filings
The returns filed by Delaware State University (EIN 51-0305893), including Form 990 PDFs and e-file data by year, are available in ProPublica's Nonprofit Explorer. The figures on this page come from IRS data files built from those returns.
Where the revenue came from
| Source | Amount | % of revenue |
|---|---|---|
| Contributions & grants | $151,811,336 | 55% |
| Program service revenue | $120,111,923 | 44% |
| Other revenue | $3,536,299 | 1% |
Where the money was spent
| Category | Amount | % of expenses |
|---|---|---|
| Program services | $148,441,417 | 54% |
| Management & general | $124,235,728 | 45% |
| Fundraising | $756,801 | <1% |
What the numbers show
- Contributions & grants made up 55% of total revenue in FY2025.
- Program services accounted for 54% of functional expenses, management & general 45%, and fundraising 0%.
- 54% of functional expenses went to program services in FY2025. That is higher than 7.4% of 27 Education organizations in DE.
- Net assets covered about -1.1 months of expenses at the end of the reporting year. That puts it in the 11th percentile among 218 Education organizations in DE.
- Total revenue was the highest among 223 Education organizations in DE.
- Total revenue rose from $146,333,206 in FY2012 to $275,459,558 in FY2025. Revenue increased in 9 and decreased in 4 of 13 year-over-year comparisons.
- Expenses exceeded revenue in 5 of 14 reported years (FY2014, FY2015, FY2017, FY2018, FY2019).
- Net assets declined from $151,643,251 to -$23,974,194 between FY2012 and FY2025.
- Listed in the IRS Publication 78 data as eligible to receive tax-deductible contributions (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
DELAWARE STATE UNIVERSITY IS A PUBLIC INSTITUTION THAT OFFERS OPPORTUNITY TO DIVERSE POPULATIONS.
IRS status
| Ruling year | 1992 |
| Subsection | 501(c)(3) |
| Classification | Public charity |
| Program area (NTEE) | B430 — Education (in DE) |
| Donations | Listed in the IRS Publication 78 data as eligible to receive tax-deductible contributions (public charity). |
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Source: Internal Revenue Service — Exempt Organizations Business Master File (downloaded November 4, 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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