BEducationEIN: 560532129

Duke University

Durham, North Carolina

B+Health Score
65B+

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Good

How This Organization Compares

Compared to 62 peers in Education with >$1B revenue

Working Capital Ratio (net assets ÷ expenses)

This Org4.11×
Peer Median1.89×
💰
$3.7B
Total Revenue
📊
$3.8B
Total Expenses
🏦
$15.8B
Net Assets
📋
$4.6B
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-18.6%
Year-over-year change (2022 → 2023)
Net Margin
-2.5%
Revenue minus expenses as % of revenue
Working Capital Ratio
4.11
Net assets divided by total expenses
Liabilities-to-Assets
22.7%
Total liabilities as % of total assets

Filing History

12 filings on record
YearRevenueExpensesAssets
2023$3,747,197,27519%$3,840,261,8116%$20,396,848,0432%
2022$4,604,378,8022%$3,624,272,86211%$20,871,034,0503%
2021$4,700,604,08347%$3,270,558,1534%$21,418,812,04135%
2020$3,194,489,3013%$3,412,594,6252%$15,807,758,9246%
2019$3,302,826,9912%$3,354,786,6755%$14,959,910,8952%
2018$3,380,471,4547%$3,207,381,9766%$14,655,049,1176%
2017$3,150,208,33113%$3,015,264,3545%$13,782,414,3459%
2016$2,786,082,1908%$2,862,714,6334%$12,594,506,1132%
2015$3,035,099,1042%$2,746,184,3497%$12,368,118,4939%
2013$2,969,928,42324%$2,567,305,8073%$11,376,610,21412%
2012$2,398,201,90611%$2,497,823,9681%$10,201,759,9232%
2011$2,707,061,859$2,514,063,483$10,394,643,684

Frequently Asked Questions

What does Duke University do?

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

Is Duke University financially healthy?

Based on our 9-metric Financial Health Score model, Duke University has a score of 65/100 (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 Duke University generate?

Duke University reports $4.5B in annual revenue and holds $21.2B in total assets, based on IRS filings.

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