BEducationEIN: 383555142

Wayne State University

Detroit, Michigan

BHealth Score
59B

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)

This Org20.84×
Peer Median9.48×
💰
$9.3M
Total Revenue
📊
$24.2M
Total Expenses
🏦
$503.9M
Net Assets
📋
$225K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-93.5%
Year-over-year change (2022 → 2023)
Net Margin
-159.0%
Revenue minus expenses as % of revenue
Working Capital Ratio
20.84
Net assets divided by total expenses
Liabilities-to-Assets
0.0%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$9,335,75093%$24,181,0875%$504,174,17511%
2022$143,332,679512%$23,095,06720%$453,355,19712%
2021$23,428,4691%$19,297,3493%$515,100,29822%
2020$23,111,50930%$18,798,3425%$420,994,3065%
2019$32,838,24117%$17,947,0152%$399,810,4112%
2018$39,724,6395%$17,606,9988%$391,944,2588%
2017$41,842,38910%$16,272,44339%$362,904,89013%
2016$46,320,9912943%$11,678,3821%$322,290,04811%
2015-$1,629,229106%$11,748,07510%$290,076,5305%
2014$26,909,35128%$10,663,13810%$304,719,1236%
2013$37,552,69613%$11,819,5243%$286,351,6259%
2012$42,942,618689%$12,174,3696%$262,431,74014%
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.

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