Charity Search / CASE WESTERN RESERVE UNIVERSITY
Education (B430) IRS Verified DX Registered 990 on File

CASE WESTERN RESERVE UNIVERSITY

EIN: 34-1018992 · CLEVELAND, OH 44106-3004 · United States · FY 2023 Data
3 out of 5 59 / 100 Based on 2+ years of filings
Financial strength (30%) 84/100
Reliability (20%) 70/100
Effectiveness (25%) 88/100
Impact (25%) No data yet
Financial data: FY 2023 · Scored 9/13/2026
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CharityAI™ Score
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Mission Statement

Mission Case Western Reserve University improves people's lives through preeminent research, education and creative endeavor. We realize this goal through: Scholarship that capitalizes on the power of collaboration. Learning that is active, creative and continuous. Promotion of an inclusive culture of global citizenship. Our Vision Case Western Reserve University aspires to be recognized internationally as an institution that imagines and influences the future. Toward that end we will: Support advancement of select academic fields as well as new areas of interdisciplinary excellence. Provide students with the knowledge, skills and experiences necessary to become leaders in a world of rapid change and increasing interdependence. Nurture a community of scholars who are cooperative, collegial and committed to mentoring and inclusion. Build on our relationships with world-class health care, cultural, educational and scientific institutions in University Circle and across greater Cleveland. Core Values The strategic planning process identified key priorities that shape the university's future, its budgeting, fundraising, campus improvements and other basic operations. These core Case Western Reserve University values include: I. Academic Excellence and Impact Through eminence in teaching and research; Scholarship that changes lives and deepens understanding; and Creativity and innovation as hallmarks of our efforts. II. Inclusiveness and Diversity Through civility and the free exchange of ideas; Civic and international engagement; and Appreciation for the perspectives and talents of each individual. III. Integrity and Transparency Through academic freedom and responsibility; Ethical behavior; and Shared governance. IV. Effective Stewardship Strong, ongoing financial planning; Emphasis on sustainability; and Systems that support attainment of our mission.

Financial Overview — FY 2023
$1525.4M
Total Revenue
$1454.2M
Total Expenses
$3053.2M
Net Assets
10207
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 88.9%
Fundraising Efficiency N/A
Operating Reserve 25.19x
Liability-to-Asset 28.4%
Revenue Diversification 48.4%
Executive Compensation $6.2M
Compared with Peers
FY 2023
Compared with 607 similar organizations (United States, Education, $100M and over in expenses), FY 2023.
This organization Middle half of peers (P25–P75) Peer median
Ratio This org Peer median Position (P10 → P90)
Program expense ratio
Program expenses / total expenses · higher is better
88.9% 87.4%
P10P90
Above median
Admin expense ratio
Management and general / total expenses · lower is better
10.3% 10.5%
P10P90
Above median
Fundraising expense ratio
Fundraising expenses / total expenses · lower is better
0.8% 1.3%
P10P90
Above median
Operating reserve
Months of expenses covered by net assets · higher is better
25.2 mo 20.3 mo
P10P90
Above median
Liabilities to assets
Total liabilities / total assets · lower is better
28.4% 27.0%
P10P90
Below median
Revenue concentration
Share of revenue from the largest source · lower is better
48.4% 84.6%
P10P90
Top quarter
Revenue growth
Year over year revenue growth
-0.4% -2.0%
P10P90
Expense growth
Year over year expense growth
12.5% 5.9%
P10P90
Surplus margin
Surplus as a share of revenue
4.7% 1.3%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2023 $1525.4M $1454.2M $3053.2M 88.9% 10207
2022 $1531.5M $1292.4M $2888.0M 89.8% 9566
2021 $1294.9M $1178.4M N/A — 9668
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Organization Details
EIN
34-1018992
State
OH
City
CLEVELAND
ZIP
44106-3004
Classification
B430
Category
Education
Rating
3★
Coverage
A
Last Updated
Aug 2026
IRS Ruling Year
1826
Foundation Code
11
Form 990
On File
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