Vanderbilt University

Analysis

Vanderbilt University is a registered charity in United States, based in Nashville, TN. It received its IRS tax-exemption ruling in February 1941, 85 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, Vanderbilt University reported income of $2.27bn and spending of $2.03bn, spending 89% of its income. Across the 4 years on record, from June 2019 to June 2023, income grew from $1.79bn to $2.27bn (+26%), an average of +8.1% a year. The sharpest change came in the year to June 2021, when income rose by 66%. Over the whole period it spent 83% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Vanderbilt 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 TN. Charities of a similar size with the same main cause include Harvard Management Private Equity Corporation ($2.02bn), Baylor College of Medicine ($2.55bn) and Georgetown University ($1.92bn).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 18% and program service revenue 59% of the total. Compensation of current officers, directors and key employees was $20.7m (1.0% of expenses). Other salaries and wages came to $665.2m. It paid $98k in professional fundraising fees. At year end it held assets of $13.15bn against liabilities of $3.46bn, net assets of $9.69bn. It reported 13,657 employees.