Education (B40) IRS Verified DX Registered 990 on File

WILMINGTON UNIVERSITY INC

EIN: 51-0107088 · NEW CASTLE, DE 19720-6434 · United States · FY 2025 Data

3 out of 5 56 / 100 Based on 2+ years of filings

Financial strength (30%) 78/100

Reliability (20%) 55/100

Effectiveness (25%) 88/100

Impact (25%) No data yet

Financial data: FY 2025 · Scored 9/13/2026

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Mission Statement

Mission Wilmington University is committed to excellence in teaching, relevancy of the curriculum, and individual attention to students. As an institution with admissions policies that provide access for all, it offers opportunity for higher education to students of varying ages, interests, and aspirations. The university provides a range of exemplary career-oriented undergraduate and graduate degree programs for a growing and diverse student population. It delivers these programs at locations and times convenient to students and at an affordable price. A highly qualified full-time faculty works closely with part-time faculty drawn from the workplace to ensure that the university’s programs prepare students to begin or continue their career, improve their competitiveness in the job market, and engage in lifelong learning.

Financial Overview — FY 2025

$142.4M

Total Revenue

$136.0M

Total Expenses

$318.6M

Net Assets

2030

Employees

Revenue Sources

Expense Breakdown

Program Expense Ratio 78.0%

Fundraising Efficiency 282.4%

Operating Reserve 28.10x

Liability-to-Asset 17.2%

Revenue Diversification 83.3%

Executive Compensation $3.3M

Compared with Peers

FY 2025

Compared with 237 similar organizations (United States, Education, $100M and over in expenses), FY 2025.

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	78.0%	87.7%	P10P90	Bottom quarter
Admin expense ratio Management and general / total expenses · lower is better	21.7%	10.5%	P10P90	Bottom quarter
Fundraising expense ratio Fundraising expenses / total expenses · lower is better	0.3%	1.3%	P10P90	Top quarter
Fundraising efficiency Fundraising expenses / gross fundraising income · lower is better	282.4%	4180.7%	P10P90	Top quarter
Operating reserve Months of expenses covered by net assets · higher is better	28.1 mo	20.9 mo	P10P90	Above median
Liabilities to assets Total liabilities / total assets · lower is better	17.2%	26.1%	P10P90	Above median
Revenue concentration Share of revenue from the largest source · lower is better	83.3%	82.9%	P10P90	Below median
Surplus margin Surplus as a share of revenue	4.4%	3.6%	P10P90

Financial History

Year	Revenue	Expenses	Net Assets	Program %	Staff
2025	$142.4M	$136.0M	$318.6M	78.0%	2030
2023	$123.9M	$121.4M	$288.9M	81.9%	2030
2022	$129.8M	$119.4M	$271.4M	72.8%	2113
2021	$148.6M	$114.7M	N/A	—	2159

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Organization Details

EIN: 51-0107088
State: DE
City: NEW CASTLE
ZIP: 19720-6434
Classification: B40
Category: Education
Rating: 3★
Coverage: A
Last Updated: Aug 2026
IRS Ruling Year: 1968
Foundation Code: 11
Form 990: On File

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CharityAI™ rates charities from 0 to 100 using public filings (IRS Form 990 and the equivalent registries outside the US) together with the information the charity itself provides on DonationX. Ratings are recalculated every quarter, without human bias, and shown as stars.

Four pillars

Financial strength30%

Program expense ratio, fundraising efficiency, operating reserves, liabilities and revenue diversification, compared with similar organizations.

Reliability20%

Standing with the registry, filing history, verification and how complete the profile is.

Effectiveness25%

How much goes to programs and how consistently the organization delivers them.

Impact25%

The outcomes the charity reports on DonationX: people served, cost per service and results.

Stars

★★★★★ 80–100 ★★★★☆ 60–79 ★★★☆☆ 40–59 ★★☆☆☆ 20–39 ★☆☆☆☆ 1–19

A pillar with no data counts as zero. Without impact metrics the score is capped at 59 (three stars): only the charity can supply that data.
The coverage grade (A to D) says how much filing data the score rests on; NONE means there is not enough to rate.
An organization that is not in good standing with its registry (for example a revoked tax exemption) is shown as Not rated.
"Compared with peers" places the charity's key ratios against organizations of the same country, sector and size.

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