Wayne State University
Detroit, Michigan
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)
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 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.