Northwestern University

Evanston, Illinois

A-Health Score
79A-

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 3 peers in Recreation & Sports with >$1B revenue

Working Capital Ratio (net assets ÷ expenses)

This Org4.09×
Peer Median0.48×
💰
$3.3B
Total Revenue
📊
$3.7B
Total Expenses
🏦
$14.9B
Net Assets
📋
$3.5B
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-9.8%
Year-over-year change (2021 → 2023)
Net Margin
-10.1%
Revenue minus expenses as % of revenue
Working Capital Ratio
4.09
Net assets divided by total expenses
Liabilities-to-Assets
19.1%
Total liabilities as % of total assets

Filing History

11 filings on record
YearRevenueExpensesAssets
2023$3,319,115,351↓10%$3,655,717,485↑21%$18,481,250,303↓5%
2021$3,678,521,388↑17%$3,030,857,470↑1%$19,369,511,926↑22%
2020$3,140,527,328↑1%$3,013,193,839↓1%$15,846,964,843↑4%
2019$3,108,297,108↓1%$3,029,156,594↑2%$15,193,337,485↓2%
2018$3,143,787,745↑6%$2,957,646,868↑7%$15,469,351,745↑7%
2017$2,955,151,358↑4%$2,766,659,907↑7%$14,485,530,707↑6%
2016$2,833,160,505↓3%$2,581,471,003↑6%$13,658,756,847↑2%
2015$2,924,436,906↑1%$2,432,399,607↑4%$13,433,515,174↑5%
2014$2,895,842,638$2,330,997,409↑5%$12,773,853,117↑17%
2013$2,885,933,026↑24%$2,220,803,137↑6%$10,889,523,081↑11%
2012$2,319,535,916$2,100,073,559$9,839,073,934

Frequently Asked Questions

What does Northwestern University do?▼

Northwestern University is a recreation & sports nonprofit organization based in Illinois. It is classified under NTEE code N500 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Northwestern University financially healthy?▼

Based on our 9-metric Financial Health Score model, Northwestern University has a score of 79/100 (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 Northwestern University generate?▼

Northwestern University reports $4.2B in annual revenue and holds $19.2B in total assets, based on IRS filings.

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