Charity Search / DUKE CORPORATE EDUCATION
Education (B90) 990 on File

DUKE CORPORATE EDUCATION

EIN: 42-1672476 · DURHAM, NC 27701-3611 · United States · FY 2023 Data
3 out of 5 56 / 100 Based on 2+ years of filings
Financial strength (30%) 86/100
Reliability (20%) 50/100
Effectiveness (25%) 81/100
Impact (25%) No data yet
Financial data: FY 2023 · Scored 9/13/2026
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Financial Overview — FY 2023
$31.5M
Total Revenue
$29.3M
Total Expenses
$22.9M
Net Assets
65
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 79.3%
Fundraising Efficiency N/A
Operating Reserve 9.36x
Liability-to-Asset 31.7%
Revenue Diversification 93.3%
Executive Compensation $909K
Compared with Peers
FY 2023
Compared with 3,578 similar organizations (United States, Education, $10M–$100M 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
79.3% 84.4%
P10P90
Below median
Admin expense ratio
Management and general / total expenses · lower is better
20.8% 13.5%
P10P90
Bottom quarter
Fundraising expense ratio
Fundraising expenses / total expenses · lower is better
0.0% 0.7%
P10P90
Top quarter
Operating reserve
Months of expenses covered by net assets · higher is better
9.4 mo 10.9 mo
P10P90
Below median
Liabilities to assets
Total liabilities / total assets · lower is better
31.7% 34.2%
P10P90
Above median
Revenue concentration
Share of revenue from the largest source · lower is better
93.3% 87.3%
P10P90
Below median
Revenue growth
Year over year revenue growth
4.7% 4.8%
P10P90
Expense growth
Year over year expense growth
13.1% 8.5%
P10P90
Surplus margin
Surplus as a share of revenue
6.8% 2.7%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2023 $31.5M $29.3M $22.9M 79.3% 65
2022 $30.1M $25.9M $20.7M 78.5% 56
2021 $18.7M $19.5M N/A — 60
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Organization Details
EIN
42-1672476
State
NC
City
DURHAM
ZIP
27701-3611
Classification
B90
Category
Education
Rating
3★
Coverage
A
Last Updated
Aug 2026
Form 990
On File
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