Drew University
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 131,678,390 | 124,217,262 | 7,461,128 | 26.6 | 31% |
| 2012 | 136,025,529 | 122,418,678 | 13,606,851 | 24.8 | 31% |
| 2013 | 119,122,987 | 121,877,895 | −2,754,908 | 26.4 | 30% |
| 2014 | 120,056,766 | 120,904,528 | −847,762 | 27.0 | 29% |
| 2015 | 128,218,965 | 122,299,760 | 5,919,205 | 24.9 | 29% |
| 2016 | 139,610,010 | 130,480,435 | 9,129,575 | 20.7 | 29% |
| 2017 | 142,117,168 | 140,479,570 | 1,637,598 | 17.8 | 29% |
| 2018 | 136,503,466 | 139,371,055 | −2,867,589 | 16.3 | 26% |
| 2019 | 118,535,052 | 134,193,481 | −15,658,429 | 17.0 | 29% |
| 2020 | 104,896,145 | 125,042,898 | −20,146,753 | 15.8 | 28% |
| 2021 | 96,034,404 | 110,154,378 | −14,119,974 | 18.3 | 28% |
| 2022 | 122,404,308 | 122,795,375 | −391,067 | 14.9 | 25% |
| 2023 | 112,171,400 | 130,091,459 | −17,920,059 | 13.1 | 25% |
In its most recent public year (2023), this organization spent $17,920,059 more than it brought in. Its reserves stood at about 13.1 months of spending, down from 26.6 in 2011. Staff pay was 25% of spending. $188,774,672 of its net assets are donor-restricted.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
Drew University's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works