B — EducationEIN: 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$259,104,983↑2%$246,344,127↑4%$568,210,282↑6%
2022$252,974,293↑3%$237,997,226↑9%$538,166,489↓6%
2021$245,392,452↑10%$217,987,751↓1%$572,606,645↑13%
2020$222,285,025↓4%$221,046,779↑1%$506,477,281
2019$231,025,109$219,093,450↑3%$508,907,328↑2%
2018$230,909,154↑8%$212,574,693↑5%$500,363,401↑3%
2017$212,980,767↑3%$203,286,802↑3%$485,043,518↑5%
2016$207,615,854↓8%$197,674,339↑2%$461,718,210↑5%
2015$224,622,628↑14%$193,457,873↑3%$439,802,631↑4%
2014$196,892,372↑1783%$188,041,306↑2471%$424,476,139↑6%
2013$10,456,307↓94%$7,312,921↓96%$400,477,744↓1%
2013$184,739,926↑2%$180,121,627↑3%$404,636,945↑5%
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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