Public Charity

DREXEL UNIVERSITY

DREXEL UNIVERSITY is a Public Charity headquartered in PHILADELPHIA, PA. Financial data from the 2025 filing: $1.5B revenue, $1.5B expenses, $2.9B total assets. 814 publicly reported grants to this organization, totaling roughly $115.7M, appear in IRS filings.

EIN: 231352630 PHILADELPHIA, PA Universities NTEE: B43 Latest filing: 2025
Total Revenue$1.5B
Total Expenses$1.5B
Total Assets$2.9B
Grant Records814
Funding Total$115.7M
Filing Years2021–2025

Mission

DREXEL UNIVERSITY FULFILLS ITS FOUNDER'S VISION OF PREPARING EACH NEW GENERATION OF STUDENTS FOR PRODUCTIVE PROFESSIONAL AND CIVIC LIVES WHILE ALSO FOCUSING ITS COLLECTIVE EXPERTISE ON SOLVING SOCIETY'S GREATEST PROBLEMS. DREXEL IS AN ACADEMICALLY COMPREHENSIVE AND GLOBALLY ENGAGED URBAN RESEARCH UNIVERSITY, DEDICATED TO ADVANCING KNOWLEDGE AND SOCIETY AND TO PROVIDING EVERY STUDENT WITH A VALUABLE, RIGOROUS, EXPERIENTIAL, TECHNOLOGY-INFUSED EDUCATION, ENRICHED BY THE NATION'S PREMIER CO-OPERATIVE EDUCATION PROGRAM.

Where $100 goes at Drexel University

How Drexel University divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.

$88 Programs the work itself
$11 Management running the organization
$1 Fundraising raising the next dollar

Inside the $88 for programs

$73
Instructiondrexel is a comprehensive national research university dedicated to providing quality undergraduate, graduate and professional education featuring excellent academics, state-of-the-art technology and a focus on real-world learning and…
83% of program spending · Reported in the filing: 17 schools
$12
Researchdrexel researchers work across disciplines to increase the world's store of knowledge and translate that new knowledge into solutions with tremendous positive impact on society
14% of program spending · Reported in the filing: 82 grants
$3
Patient care/public serviceit is Drexel University's patient care mission to serve the community through the delivery of high-quality, cost-effective health care services, including programs of health promotion and…
3% of program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Sample Grants Received

2025
TO PROVIDE SCHOLARSHIPS FOR STUDENTS
$162,427
2025
Combination Therapy for HSP-SPG4: Repurposed FDA Drug, BpV-Mediated Regeneration, and Activity-Based Rehabilitation
$150,000
2025
Toyota Fellowship
$50,000
$40,000
2025
GENERAL SUPPORT
$31,836

Showing up to 5 of 814 total records — full history available with membership.

Officers & Directors

TRUSTEE Abbie Dean
TRUSTEE Albert Lord
EXEC. VICE PROVOST, RES. & INNOV Aleister Saunders
TRUSTEE Alfred F Altomari
TRUSTEE Amish Desai
TRUSTEE (AS OF 5/14/25) Andrew Pennoni

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$40,553,194 300 grants
Research & Policy
$36,347,788 167 grants
Education
$18,532,552 164 grants
Economic Development
$4,431,133 18 grants
Fundraising & Sponsorship
$3,464,847 18 grants

Financial Trends

Year Revenue Expenses Assets
2025 $1.5B $1.5B $2.9B
2024 $1.4B $1.5B $2.9B
2023 $1.4B $1.4B $2.8B
2022 $1.4B $1.3B $2.4B
2021 $1.2B $1.2B $2.4B

Between 2021 and 2025, reported annual revenue grew from $1.2B to $1.5B (+18%), with total assets most recently reported at $2.9B.

Interactive year-over-year charts and full filing details available with membership.

See the full picture for DREXEL UNIVERSITY

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