Dillard University

Analysis

Dillard University is a registered charity in United States, based in New Orleans, LA. It received its IRS tax-exemption ruling in March 1971, 55 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, Dillard University reported income of $44.8m and spending of $45.6m, spending 102% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $36.6m to $44.8m (+22%), an average of +5.2% a year. The sharpest change came in the year to June 2021, when income rose by 67%. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Dillard University sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within LA. Charities of a similar size with the same main cause include California Virtual Academy-San Diego ($44.8m), The Posse Foundation Inc ($44.8m) and University of Health Sciences and Pharmacy in St Louis ($44.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 55% and program service revenue 38% of the total. Other salaries and wages came to $16.3m. At year end it held assets of $270.3m against liabilities of $11.8m, net assets of $258.6m. It reported 580 employees.