nonprofit · EIN 38-2410852 · MI
How much does KETTERING UNIVERSITY raise and spend?
KETTERING UNIVERSITY (MI, EIN 38-2410852) reported $104.3M in revenue and $106.2M in expenses for tax year 2023, with $228.5M in net assets (25.8 months of reserves). By expenses that ranks 4,188 of 539,974 e-filers, 583 of 57,594 in NTEE B: Education, 114 of 14,475 nonprofits in michigan.
What stands out
KETTERING UNIVERSITY (MI, EIN 38-2410852) reported $104.3M in revenue and $106.2M in expenses for tax year 2023, with $228.5M in net assets (25.8 months of reserves). By expenses that ranks 4,188 of 539,974 e-filers, 583 of 57,594 in NTEE B: Education, 114 of 14,475 nonprofits in michigan. Against NTEE B: Education: months of reserves 25.8 months, above the peer median of 11.8 months; officer compensation share of expenses 2.1%, below the peer median of 4.8%; contributions share of revenue 16.4%, below the peer median of 50.3%; surplus margin -1.9%, below the peer median of 5.2%.
Key figures, tax year 2023
As filed on Form 990; ratios computed by FACTANKER. Peer medians are percentile_cont over the group in the same year. Every filed line links to its record on the entity page.
| Measure | 2023 | Median, activity | Median, size | Median, all |
|---|---|---|---|---|
| Total revenue | $104.3M | $199.9k | $236.7M | $194.7k |
| Total expenses | $106.2M | $183.0k | $231.0M | $178.5k |
| Total assets | $275.3M | $845.8k | $318.0M | $775.3k |
| Net assets | $228.5M | $683.8k | $158.3M | $622.5k |
| Officer compensation (total per organisation) | $2.2M | $141.5k | $2.4M | $113.0k |
| Program service revenue share | 80.1% | 13.2% | 93.3% | 13.8% |
| Contributions share of revenue | 16.4% | 50.3% | 1.2% | 57.5% |
| Officer compensation share of expenses | 2.1% | 4.8% | 0.8% | 6.5% |
| Months of reserves | 25.8 months | 11.8 months | 7.4 months | 12.6 months |
| Surplus margin | -1.9% | 5.2% | 1.1% | 3.9% |
Year by year
6 filings on record.
| Tax year | Revenue | Expenses | Net assets | Reserves | Officer comp. | Rank |
|---|---|---|---|---|---|---|
| 2023 | $104.3M | $106.2M | $228.5M | 25.8 months | $2.2M | 4,188 |
| 2022 | $108.9M | $106.7M | $224.2M | 25.2 months | $2.0M | 3,871 |
| 2021 | $82.4M | $65.4M | $231.8M | 42.5 months | $2.1M | 3,682 |
| 2020 | $68.3M | $69.6M | $194.0M | 33.5 months | $2.1M | 4,968 |
| 2019 | $95.7M | $69.3M | $197.1M | 34.1 months | $2.0M | 4,759 |
| 2018 | $76.0M | $67.3M | $177.9M | 31.7 months | $2.0M | 4,514 |
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