Emory University

Analysis

Emory University is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in June 2011, 15 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 August 2023, Emory University reported income of $6.31bn and spending of $6.02bn, spending 95% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $4.75bn to $6.31bn (+33%), an average of +7.4% a year. The sharpest change came in the year to August 2021, when income rose by 16%. Over the whole period it spent 92% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Emory 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 GA. Charities of a similar size with the same main cause include President and Fellows of Harvard College ($6.05bn), Yale University ($6.32bn) and University of Miami ($5.92bn).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 18% and program service revenue 72% of the total. Compensation of current officers, directors and key employees was $38.3m (0.6% of expenses). Other salaries and wages came to $2.18bn. It paid $143k in professional fundraising fees. At year end it held assets of $20.86bn against liabilities of $6.16bn, net assets of $14.70bn. It reported 26,090 employees.