B — EducationEIN: 383555142

Wayne State University

Detroit, Michigan

BHealth Score
59B

Financial Health Score

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

Above Average

How This Organization Compares

Compared to 73 peers in Education with $10M-$100M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org20.84×
Peer Median9.48×
💰
$9.3M
Total Revenue
📊
$24.2M
Total Expenses
🏦
$503.9M
Net Assets
📋
$225K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-93.5%
Year-over-year change (2022 → 2023)
Net Margin
-159.0%
Revenue minus expenses as % of revenue
Working Capital Ratio
20.84
Net assets divided by total expenses
Liabilities-to-Assets
0.0%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$9,335,750↓93%$24,181,087↑5%$504,174,175↑11%
2022$143,332,679↑512%$23,095,067↑20%$453,355,197↓12%
2021$23,428,469↑1%$19,297,349↑3%$515,100,298↑22%
2020$23,111,509↓30%$18,798,342↑5%$420,994,306↑5%
2019$32,838,241↓17%$17,947,015↑2%$399,810,411↑2%
2018$39,724,639↓5%$17,606,998↑8%$391,944,258↑8%
2017$41,842,389↓10%$16,272,443↑39%$362,904,890↑13%
2016$46,320,991↑2943%$11,678,382↓1%$322,290,048↑11%
2015-$1,629,229↓106%$11,748,075↑10%$290,076,530↓5%
2014$26,909,351↓28%$10,663,138↓10%$304,719,123↑6%
2013$37,552,696↓13%$11,819,524↓3%$286,351,625↑9%
2012$42,942,618↑689%$12,174,369↑6%$262,431,740↑14%
2011$5,441,409$11,519,420$230,679,794

Frequently Asked Questions

What does Wayne State University do?▼

Wayne State University is a education nonprofit organization based in Michigan. It is classified under NTEE code B432 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Wayne State University financially healthy?▼

Based on our 9-metric Financial Health Score model, Wayne State University has a score of 59/100 (Grade: B). 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 Wayne State University generate?▼

Wayne State University reports $21.7M in annual revenue and holds $596.3M in total assets, based on IRS filings.

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