William Marsh Rice University

Houston, TX, 770051827 (713) 348-0000 Est. 1908 EIN 74-1109620
B430 - Education 990 - Public charity return 501(c)(3)
www.rice.edu

Mission

As a leading research university with a distinctive commitment to undergraduate education, Rice University aspires to path breaking research, unsurpassed teaching, and contributions to the betterment of our world. It seeks to fulfill this mission by cultivating a diverse community of learning and discovery that produces leaders across the spectrum of human endeavor. The University enrolls approximately 4,800 undergraduate and 4,200 graduate students. Approximately 70% of undergraduate students receive financial aid, as do almost all doctoral students.

Financials

Total Revenue
$1,635,701,788
Total Expenses
$1,369,765,124
Net Assets
$9,394,993,000
9,622 employees 2,847 volunteers
From latest filing (tax period ending 2025-06-30)

Financial Health

Operating Reserve
6.9 years Healthy
Net assets / monthly expenses
Year-over-Year Change
Revenue ↑ 14.9%
Expenses ↑ 7.6%
Revenue Sources
Contributions 21.4% Earned revenue 39.0% Investment 37.2% Other 2.0%
Expense Breakdown
Program 72.1% Management 25.9% Fundraising 2.1%

Officers & Key Employees (63)

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Grants Received (1117)

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Filing History (7 filings)

YearRevenueExpensesNet Assets
2024 990 - Public charity return
Jul 1, 2024 to Jun 30, 2025
$1,635,701,788 ↑$1,369,765,124$9,394,993,000
2023 990 - Public charity return
Jul 1, 2023 to Jun 30, 2024
$1,423,437,172 ↑$1,273,179,891$8,896,382,000
2022 990 - Public charity return
Jul 1, 2022 to Jun 30, 2023
$1,125,640,523 ↓$1,143,616,109$7,797,226,732
2021 990 - Public charity return
Jul 1, 2021 to Jun 30, 2022
$1,372,497,739 ↑$1,038,722,151$8,095,699,219
2020 990 - Public charity return
Jul 1, 2020 to Jun 30, 2021
$1,279,950,788 ↑$1,001,174,859$8,923,635,000
2019 990 - Public charity return
Jul 1, 2019 to Jun 30, 2020
$976,544,472 ↓$925,337,559$7,024,753,000
2017 990 - Public charity return
Jul 1, 2017 to Jun 30, 2018
$1,004,368,830 $815,227,423$7,122,309,204

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EIN: 74-1109620 · Source: IRS Form 990 e-file data