Northwestern University

Evanston, Illinois

A-Health Score
79A-

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Very Good

How This Organization Compares

Compared to 3 peers in Recreation & Sports with >$1B revenue

Working Capital Ratio (net assets ÷ expenses)

This Org4.09×
Peer Median0.48×
💰
$3.3B
Total Revenue
📊
$3.7B
Total Expenses
🏦
$14.9B
Net Assets
📋
$3.5B
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-9.8%
Year-over-year change (2021 → 2023)
Net Margin
-10.1%
Revenue minus expenses as % of revenue
Working Capital Ratio
4.09
Net assets divided by total expenses
Liabilities-to-Assets
19.1%
Total liabilities as % of total assets

Filing History

11 filings on record
YearRevenueExpensesAssets
2023$3,319,115,35110%$3,655,717,48521%$18,481,250,3035%
2021$3,678,521,38817%$3,030,857,4701%$19,369,511,92622%
2020$3,140,527,3281%$3,013,193,8391%$15,846,964,8434%
2019$3,108,297,1081%$3,029,156,5942%$15,193,337,4852%
2018$3,143,787,7456%$2,957,646,8687%$15,469,351,7457%
2017$2,955,151,3584%$2,766,659,9077%$14,485,530,7076%
2016$2,833,160,5053%$2,581,471,0036%$13,658,756,8472%
2015$2,924,436,9061%$2,432,399,6074%$13,433,515,1745%
2014$2,895,842,638$2,330,997,4095%$12,773,853,11717%
2013$2,885,933,02624%$2,220,803,1376%$10,889,523,08111%
2012$2,319,535,916$2,100,073,559$9,839,073,934

Frequently Asked Questions

What does Northwestern University do?

Northwestern University is a recreation & sports nonprofit organization based in Illinois. It is classified under NTEE code N500 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Northwestern University financially healthy?

Based on our 9-metric Financial Health Score model, Northwestern University has a score of 79/100 (Grade: A-). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Northwestern University generate?

Northwestern University reports $4.2B in annual revenue and holds $19.2B in total assets, based on IRS filings.

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