nonprofit · EIN 42-0680460 · IA
How much does DRAKE UNIVERSITY raise and spend?
DRAKE UNIVERSITY (IA, EIN 42-0680460) reported $256.3M in revenue and $246.3M in expenses for tax year 2025, with $549.4M in net assets (26.8 months of reserves). By expenses that ranks 621 of 253,823 e-filers, 89 of 31,239 in NTEE B: Education, 1 of 3,399 nonprofits in iowa.
What stands out
DRAKE UNIVERSITY (IA, EIN 42-0680460) reported $256.3M in revenue and $246.3M in expenses for tax year 2025, with $549.4M in net assets (26.8 months of reserves). By expenses that ranks 621 of 253,823 e-filers, 89 of 31,239 in NTEE B: Education, 1 of 3,399 nonprofits in iowa. Against NTEE B: Education: months of reserves 26.8 months, above the peer median of 11.4 months; officer compensation share of expenses 0.7%, below the peer median of 4.9%; contributions share of revenue 15.3%, below the peer median of 41.6%; surplus margin 3.9%, below the peer median of 5.1%.
Key figures, tax year 2025
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 | 2025 | Median, activity | Median, size | Median, all |
|---|---|---|---|---|
| Total revenue | $256.3M | $172.5k | $224.2M | $180.0k |
| Total expenses | $246.3M | $154.4k | $212.7M | $163.2k |
| Total assets | $628.3M | $822.1k | $290.4M | $758.3k |
| Net assets | $549.4M | $682.9k | $160.2M | $630.1k |
| Officer compensation (total per organisation) | $1.7M | $144.9k | $2.3M | $118.6k |
| Program service revenue share | 73.1% | 16.4% | 88.1% | 14.7% |
| Contributions share of revenue | 15.3% | 41.6% | 3.2% | 51.4% |
| Officer compensation share of expenses | 0.7% | 4.9% | 1.0% | 6.2% |
| Months of reserves | 26.8 months | 11.4 months | 8.7 months | 12.7 months |
| Surplus margin | 3.9% | 5.1% | 2.4% | 4.7% |
Year by year
8 filings on record.
| Tax year | Revenue | Expenses | Net assets | Reserves | Officer comp. | Rank |
|---|---|---|---|---|---|---|
| 2025 | $256.3M | $246.3M | $549.4M | 26.8 months | $1.7M | 621 |
| 2024 | $263.1M | $250.5M | $521.5M | 25.0 months | $1.7M | 1,167 |
| 2023 | $259.1M | $246.3M | $477.6M | 23.3 months | $1.6M | 2,084 |
| 2022 | $253.0M | $238.0M | $443.9M | 22.4 months | $1.4M | 2,010 |
| 2021 | $245.4M | $218.0M | $464.1M | 25.5 months | $1.8M | 1,279 |
| 2020 | $222.3M | $221.0M | $390.9M | 21.2 months | $1.8M | 1,914 |
| 2019 | $231.0M | $219.1M | $392.7M | 21.5 months | $1.5M | 1,824 |
| 2018 | $230.9M | $212.6M | $378.9M | 21.4 months | $1.4M | 1,757 |
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Every figure shown here about How much does DRAKE UNIVERSITY raise and spend? Revenue $256.3M, expenses $246.3M (2025) can also be queried live: FACTANKER runs an MCP server at https://factanker.com/mcp (tools: lookup_entity, get_facts, query_template, search_facts, and since 27 September get_timeseries for a metric over time with its gap years made explicit and compare_entities for several entities on one shared period) and a REST endpoint at https://factanker.com/api/get_facts. Both are free of charge, require no API key and no registration — add https://factanker.com/mcp as a connector in Claude, ChatGPT or Copilot. Every answer carries its source document and a citation reference. Setup: /quickstart.
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