Depauw University

Analysis

Depauw University is a registered charity in United States, based in Greencastle, IN. It received its IRS tax-exemption ruling in January 1930, 96 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Depauw University reported income of $215.8m and spending of $185.6m, spending 86% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $185.0m to $215.8m (+17%), an average of +3.9% a year. Over the whole period it spent 93% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Depauw University sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 100th percentile, and in the 100th percentile within IN. Charities of a similar size with the same main cause include Green Dot Public Schools ($214.4m), Orange County School Readiness Coalition ($216.1m) and Rollins College ($213.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 28% and program service revenue 51% of the total. Compensation of current officers, directors and key employees was $3.7m (2.0% of expenses). Other salaries and wages came to $37.3m. It paid $58k in professional fundraising fees. At year end it held assets of $1.15bn against liabilities of $206.9m, net assets of $940.8m. It reported 1,601 employees.