DREXEL UNIVERSITY

PHILADELPHIA, PA, 191042875 (215) 895-2000 Est. 1894 EIN 23-1352630
B43 - Universities 990 - Public charity return 501(c)(3)
www.drexel.edu

Mission

DREXEL UNIVERSITY FULFILLS ITS FOUNDER'S VISION OF PREPARING EACH NEW GENERATION OF STUDENTS FOR PRODUCTIVE PROFESSIONAL AND CIVIC LIVES WHILE ALSO FOCUSING ITS COLLECTIVE EXPERTISE ON SOLVING SOCIETY'S GREATEST PROBLEMS. DREXEL IS AN ACADEMICALLY COMPREHENSIVE AND GLOBALLY ENGAGED URBAN RESEARCH UNIVERSITY, DEDICATED TO ADVANCING KNOWLEDGE AND SOCIETY AND TO PROVIDING EVERY STUDENT WITH A VALUABLE, RIGOROUS, EXPERIENTIAL, TECHNOLOGY-INFUSED EDUCATION, ENRICHED BY THE NATION'S PREMIER CO-OPERATIVE EDUCATION PROGRAM.

Giving Portfolio

Total Grants
953
Total Giving
$140.3M
Recipients
944
Years Active
2017 - 2024
Avg grant: $146,558 Median: $64,065

Yearly Trends

YearGrantsTotal Giving Avg GrantNewRepeat
2024120$16.9M $141K19100
2023141$19.4M $138K32108
2022129$21.3M $165K2999
2021132$21.9M $166K27102
2020118$17.5M $148K3482
2019105$14.3M $136K3074
2018111$15.8M $143K4863
201797$13.2M $136K970

Sectors Funded

Education
289
Health Care
78
Human Services
26
Medical Research
26
Youth Development
20
Science & Technology
13
Community Improvement
13
Employment
11
and 13 more sectors

Top States

Pennsylvania
302
New York
87
California
83
Texas
39
Massachusetts
38
Maryland
35
Georgia
33
New Jersey
29
and 37 more states

Grantee Size Profile

Over $50M
341
$10M - $50M
79
$1M - $5M
68
$5M - $10M
25
$100K - $500K
13
Under $100K
10
$500K - $1M
4

Top Grantees

Page 1 of 3
REGENTS OF UNIVERSITY OF CALIFORNIA DAVIS
CA - 8 grants
$7.8M
$3.7M
PA - 5 grants
$2.8M
CT - 8 grants
$2.5M

Grants Awarded · 656 grants

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Financials

Total Revenue
$1,465,915,989
Total Expenses
$1,473,388,878
Net Assets
$1,424,379,973
12,301 employees 3,877 volunteers
From latest filing (tax period ending 2025-06-30)

Financial Health

Operating Reserve
11.6 months Healthy
Net assets / monthly expenses
Year-over-Year Change
Revenue ↑ 4.6%
Expenses ↑ 1.4%
Revenue Sources
Contributions 14.9% Earned revenue 79.0% Investment 4.9% Other 1.0%
Expense Breakdown
Program 86.5% Management 12.3% Fundraising 1.2%

Officers & Trustees (88)

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Filing History (8 filings)

YearRevenueExpensesNet Assets
2024 990 - Public charity return
Jul 1, 2024 to Jun 30, 2025
$1,465,915,989 ↑$1,473,388,878$1,424,379,973
2023 990 - Public charity return
Jul 1, 2023 to Jun 30, 2024
$1,400,964,891 ↓$1,453,206,532$1,394,235,881
2022 990 - Public charity return
Jul 1, 2022 to Jun 30, 2023
$1,412,910,056 ↑$1,405,662,980$1,321,599,147
2021 990 - Public charity return
Jul 1, 2021 to Jun 30, 2022
$1,352,478,393 ↑$1,329,025,773$1,274,974,662
2020 990 - Public charity return
Jul 1, 2020 to Jun 30, 2021
$1,241,696,208 ↓$1,249,941,935$1,339,652,170
2019 990 - Public charity return
Jul 1, 2019 to Jun 30, 2020
$1,329,522,543 ↓$1,324,502,480$1,184,534,101
2018 990 - Public charity return
Jul 1, 2018 to Jun 30, 2019
$1,350,889,299 ↓$1,430,888,337$1,193,280,670
2017 990 - Public charity return
Jul 1, 2017 to Jun 30, 2018
$1,375,999,770 $1,338,464,315$1,246,177,376

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EIN: 23-1352630 · Source: IRS Form 990 e-file data