Marquette University

Analysis

Marquette University is a registered charity in United States, based in Milwaukee, WI. It received its IRS tax-exemption ruling in February 1970, 56 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, Marquette University reported income of $710.0m and spending of $652.7m, spending 92% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $617.1m to $710.0m (+15%), an average of +3.6% a year. Over the whole period it spent 91% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Marquette 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 WI. Charities of a similar size with the same main cause include Embry-Riddle Aeronautical ($703.0m), NYC School Support Services Inc ($740.0m) and Pepperdine University ($699.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 12% and program service revenue 76% of the total. Compensation of current officers, directors and key employees was $5.1m (0.8% of expenses). Other salaries and wages came to $205.2m. It paid $121k in professional fundraising fees. At year end it held assets of $1.96bn against liabilities of $485.5m, net assets of $1.47bn. It reported 8,031 employees.