BEducationEIN: 420680460

Drake University

Des Moines, Iowa

A-Health Score
84A-

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 492 peers in Education with $100M-$1B revenue

Working Capital Ratio (net assets ÷ expenses)

This Org1.94×
Peer Median1.96×
💰
$259.1M
Total Revenue
📊
$246.3M
Total Expenses
🏦
$477.6M
Net Assets
📋
$90.6M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+2.4%
Year-over-year change (2022 → 2023)
Net Margin
+4.9%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.94
Net assets divided by total expenses
Liabilities-to-Assets
15.9%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$259,104,9832%$246,344,1274%$568,210,2826%
2022$252,974,2933%$237,997,2269%$538,166,4896%
2021$245,392,45210%$217,987,7511%$572,606,64513%
2020$222,285,0254%$221,046,7791%$506,477,281
2019$231,025,109$219,093,4503%$508,907,3282%
2018$230,909,1548%$212,574,6935%$500,363,4013%
2017$212,980,7673%$203,286,8023%$485,043,5185%
2016$207,615,8548%$197,674,3392%$461,718,2105%
2015$224,622,62814%$193,457,8733%$439,802,6314%
2014$196,892,3721783%$188,041,3062471%$424,476,1396%
2013$10,456,30794%$7,312,92196%$400,477,7441%
2013$184,739,9262%$180,121,6273%$404,636,9455%
2012$180,631,952$175,364,082$384,972,409

Frequently Asked Questions

What does Drake University do?

Drake University is a education nonprofit organization based in Iowa. It is classified under NTEE code B430 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Drake University financially healthy?

Based on our 9-metric Financial Health Score model, Drake University has a score of 84/100 (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 Drake University generate?

Drake University reports $256.3M in annual revenue and holds $628.3M in total assets, based on IRS filings.

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