Education
(B430)
IRS Verified
DX Registered
990 on File
UNIVERSITY OF DETROIT MERCY
Financial strength (30%)
82/100
Reliability (20%)
55/100
Effectiveness (25%)
88/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Financial Overview — FY 2023
$176.1M
Total Revenue
$171.5M
Total Expenses
$205.7M
Net Assets
2242
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
76.3%
Fundraising Efficiency
N/A
Operating Reserve
14.39x
Liability-to-Asset
30.7%
Revenue Diversification
82.8%
Executive Compensation
$4.6M
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
|
76.3% | 87.4% |
P10P90
|
Bottom quarter |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
21.0% | 10.5% |
P10P90
|
Bottom quarter |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
2.7% | 1.3% |
P10P90
|
Bottom quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
14.4 mo | 20.3 mo |
P10P90
|
Below median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
30.7% | 27.0% |
P10P90
|
Below median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
82.8% | 84.6% |
P10P90
|
Above median |
|
Revenue growth
Year over year revenue growth
|
-6.8% | -2.0% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
0.0% | 5.9% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
2.6% | 1.3% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2023 | $176.1M | $171.5M | $205.7M | 76.3% | 2242 |
| 2022 | $189.0M | $171.5M | $193.8M | 74.6% | 2211 |
| 2021 | $171.8M | $160.5M | N/A | — | 2343 |
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