Depaul University

Analysis

Depaul University is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in October 1952, 74 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, Depaul University reported income of $848.4m and spending of $874.5m, spending 103% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $827.7m to $848.4m (+2.5%), an average of +0.6% a year. Over the whole period it spent 94% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Depaul 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 IL. Charities of a similar size with the same main cause include University of Saskatchewan ($818.0m), Villanova University ($872.3m) and Hebrew University Association Jerusalem Palestine ($817.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 5.2% and program service revenue 91% of the total. Compensation of current officers, directors and key employees was $8.9m (1.0% of expenses). Other salaries and wages came to $273.9m. It paid $195k in professional fundraising fees. At year end it held assets of $1.82bn against liabilities of $433.4m, net assets of $1.39bn. It reported 8,469 employees.