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nonprofit · EIN 51-0305893 · DE

How much does DELAWARE STATE UNIVERSITY raise and spend?

DELAWARE STATE UNIVERSITY (DE, EIN 51-0305893) reported $250.4M in revenue and $249.8M in expenses for tax year 2023, with $-41.2M in net assets (-2.0 months of reserves). By expenses that ranks 2,063 of 539,974 e-filers, 228 of 57,594 in NTEE B: Education, 8 of 1,856 nonprofits in delaware.

REVENUE: $250.4MEXPENSES: $249.8MRESERVES: -2.0 months6 filings

Cite: FACTANKER, https://factanker.com/nonprofit/510305893-delaware-state-university

What stands out

DELAWARE STATE UNIVERSITY (DE, EIN 51-0305893) reported $250.4M in revenue and $249.8M in expenses for tax year 2023, with $-41.2M in net assets (-2.0 months of reserves). By expenses that ranks 2,063 of 539,974 e-filers, 228 of 57,594 in NTEE B: Education, 8 of 1,856 nonprofits in delaware. Against NTEE B: Education: months of reserves -2.0 months, below the peer median of 11.8 months; officer compensation share of expenses 2.3%, below the peer median of 4.8%; contributions share of revenue 55.1%, above the peer median of 50.3%; surplus margin 0.2%, 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.

Measure2023Median, activityMedian, sizeMedian, all
Total revenue$250.4M$199.9k$236.7M$194.7k
Total expenses$249.8M$183.0k$231.0M$178.5k
Total assets$512.2M$845.8k$318.0M$775.3k
Net assets$-41.2M$683.8k$158.3M$622.5k
Officer compensation (total per organisation)$5.8M$141.5k$2.4M$113.0k
Program service revenue share43.5%13.2%93.3%13.8%
Contributions share of revenue55.1%50.3%1.2%57.5%
Officer compensation share of expenses2.3%4.8%0.8%6.5%
Months of reserves-2.0 months11.8 months7.4 months12.6 months
Surplus margin0.2%5.2%1.1%3.9%

Year by year

6 filings on record.

Tax yearRevenueExpensesNet assetsReservesOfficer comp.Rank
2023$250.4M$249.8M$-41.2M-2.0 months$5.8M2,063
2022$245.1M$215.8M$-43.1M-2.4 months$4.6M2,189
2021$212.9M$202.6M$-81.6M-4.8 months$4.5M1,373
2020$186.3M$174.1M$-95.7M-6.6 months$4.3M2,313
2019$170.6M$171.7M$-108.0M-7.5 months$5.0M2,257
2018$154.8M$165.9M$-107.2M-7.8 months$3.4M2,194

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