Education
(B54Z)
IRS Verified
DX Registered
990 on File
CHARLES DREW UNIVERSITY OF MEDICINE & SCIENCE
Financial strength (30%)
81/100
Reliability (20%)
55/100
Effectiveness (25%)
88/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Mission Statement
Charles R. Drew University of Medicine and Science is a private non-profit student centered University that is committed to cultivating diverse health professional leaders who are dedicated to social justice and health equity for underserved populations through outstanding education, research, clinical service, and community engagement.
Financial Overview — FY 2023
$100.6M
Total Revenue
$103.5M
Total Expenses
$229.2M
Net Assets
781
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
78.1%
Fundraising Efficiency
N/A
Operating Reserve
26.58x
Liability-to-Asset
26.4%
Revenue Diversification
60.9%
Executive Compensation
$3.8M
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
|
78.1% | 87.4% |
P10P90
|
Bottom quarter |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
21.3% | 10.5% |
P10P90
|
Bottom quarter |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
0.6% | 1.3% |
P10P90
|
Above median |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
26.6 mo | 20.3 mo |
P10P90
|
Above median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
26.4% | 27.0% |
P10P90
|
Above median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
60.9% | 84.6% |
P10P90
|
Top quarter |
|
Revenue growth
Year over year revenue growth
|
-42.7% | -2.0% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
5.7% | 5.9% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
-2.8% | 1.3% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2023 | $100.6M | $103.5M | $229.2M | 78.1% | 781 |
| 2022 | $175.6M | $97.9M | $224.0M | 74.0% | 665 |
| 2021 | $142.0M | $83.8M | N/A | — | 550 |
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