Depaul University
89% goes to programs $35 to raise $100 Strong reserves
Depaul University is a 501(c)(3) organization based in Chicago, Illinois, registered in 1952, with $918,078,036 in FY2023 revenue. CharityIndex grades it A, and it directs about 89% of spending to programs.
1 E Jackson Blvd, Chicago, IL, 60604 EIN 36-2167048 Since 1952
Revenue (FY2023)
$918.1M
▲ 8.2% vs prior year
Education median: $200K
Expenses (FY2023)
$900.4M
Net assets
$1.5B
Employees
8,323
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A
BProgram efficiency40% of the rating89% to programs · $35 to raise $100
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Depaul University: 89% to programs · $35 to raise $100 earns a B on this criterion. See the exact thresholds →
AFinancial health25% of the rating20 mo reserves · +2% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Depaul University: 20 mo reserves · +2% margin earns a A on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Depaul University: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
A+Transparency10% of the rating5 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Depaul University: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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Mission
As an innovative catholic, vincentian university anchored (continued in schedule o).
What they do
Instruction - fall enrollment for the 2023/24 academic year totaled 21,210, making depaul the nation's largest catholic university for the twentieth consecutive year. the above total included 14,188 undergraduate students and 7,022 graduate and professional students. of the university's total enrollment, for the 2023/24 academic year, approximately 52% were students of color and approximately 55% were women. the university offered nearly 300 comprehensive and innovative undergraduate and graduate programs during the 2024 academic year, along with a broad curriculum for adult continuing education.
Student services - this category consists of student related expenditures other than those related to instruction, include graduation and advertising expenses. expenses related to offices that support the university's students, such as the university's enrollment management office, university ministry, career center, student affairs, financial aid office, registrar, and student life offices are also included in this category.
Academic support - this category includes expenditures related to the provision of instructional support for the university's faculty and students, including university library services, dean's offices, and information technology. auxiliary services - this category includes expenditures related to areas which help to enrich student's overall college experience beyond academics. expenditures include those related to university housing services, which provided housing for approximately 2,000 university students during the academic year. expenditures also support the university's student centers, which provide a number of student services, including dining services and student life programs. expenditures related to the university's bookstores are also included in this category, along with student recreation activities, such as the university's ray meyer recreation center. public service - this category includes expenditures related to programs that impact the public, including the university's community based service learning program, which provides students the opportunity to serve the community, while earning university credit. also included in this category are expenses related to the university's center for urban education, community affairs and the art gallery. research - this category includes all expenses for activities specifically organized to produce research, whether commissioned by an agency external to the university or separately budgeted by an organizational unit within the university. the category includes expenses for individual and/or project research as well as that of institutes and research centers.
Contact & location
- Address
- 1 E Jackson Blvd, Chicago, IL, 60604
- City
- Chicago
- State
- Illinois
- Category
- Education
- Subcategory
- Colleges & Universities
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $757.9M (FY2013) to $918.1M (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $408.0MNet assets $1.5B
Operating margin
1.9%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$1.9B
Total liabilities
$408.0M
Net assets
$1.5B
Salaries & benefits
$351.8M
39% of expenses
Board members
42
39 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $918,078,036▲8.2% | $900,393,398▲3.0% | $1,511,779,178▲8.7% | $1,919,765,785▲5.3% | 990 |
| 2022 | $848,355,986▼4.6% | $874,464,149▲6.3% | $1,390,297,000▲4.3% | $1,823,700,020▲1.4% | 990 |
| 2021 | $889,340,745▲2.5% | $822,310,067▲6.3% | $1,333,342,679▼8.6% | $1,799,315,702▼7.9% | 990 |
| 2020 | $868,047,140▼3.9% | $773,703,489▼2.8% | $1,458,769,064▲21.1% | $1,952,881,623▲11.1% | 990 |
| 2019 | $903,291,560▲9.1% | $795,777,740▼0.2% | $1,204,218,705▲5.9% | $1,757,707,866▲3.1% | 990 |
| 2018 | $827,706,516▼1.7% | $796,973,882▲4.1% | $1,136,876,368▲4.3% | $1,705,651,334▲0.9% | 990 |
| 2017 | $841,982,047▲8.5% | $765,946,937▲6.3% | $1,089,901,638▲9.0% | $1,690,048,598▲4.0% | 990 |
| 2016 | $775,869,100▲3.6% | $720,630,631▲0.9% | $1,000,114,639▲7.2% | $1,624,527,072▲6.2% | 990 |
| 2015 | $748,933,285▼2.5% | $714,104,871▲1.5% | $933,117,806▲3.3% | $1,529,835,163▲9.9% | 990 |
| 2014 | $767,833,352▲1.3% | $703,730,240▼4.7% | $903,596,586▲4.5% | $1,392,338,809▲1.7% | 990 |
| 2013 | $757,860,188 | $738,099,786▲11.2% | $864,978,339▲7.3% | $1,369,134,178▲4.2% | 990 |
| 2012 | — | $663,832,410▼1.3% | $805,774,490▲10.4% | $1,314,094,248▲3.7% | 990 |
| 2011 | — | $672,540,309▲7.9% | $729,566,366▲5.7% | $1,266,729,412▲3.9% | 990 |
| 2010 | — | $623,073,201▲6.6% | $690,106,583▲15.9% | $1,219,182,596▲20.0% | 990 |
| 2009 | — | $584,242,533 | $595,334,173 | $1,015,737,275 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2023)
Highest-paid: Mr Anthony Stubblefield — $1,528,232 (0.17% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Mr Anthony Stubblefield | Men's Head Basketball Coach | 50 | $1,528,232 |
| Dr Robert Manuel | President & Trustee | 50 | $1,037,912 |
| Mr Dewayne Peevy | Athletics Director | 50 | $586,564 |
| Ms Stephanie Smith | Vp For Human Resources | 50 | $547,363 |
| Mr Richard Bruno | Women's Head Basketball Coach | 50 | $542,154 |
| Ms Linda Blakley | Vp For Mktg. and Comm. (thru 6/30/23) | 50 | $537,438 |
| Ms Salma Ghanem | Provost | 50 | $524,507 |
| Ms Katie Fraumann | Sr.vp Foradv.&ext.rela.(beg 04/01/23) | 50 | $483,949 |
| Ms Jennifer Perea | Dean, College of Law | 50 | $477,257 |
| Ms Sherri Sidler | Executive Vp | 50 | $476,445 |
| A Gabriel Esteban Phd | Former President & Trustee | 50 | $467,168 |
| Ms Sulin Ba | Dean, Driehaus College of Business | 50 | $430,034 |
| Mr James Shilling | Professor | 50 | $424,179 |
| Ms Kathy Stieber | Vp, General Counsel & Secretary | 50 | $416,201 |
| Mr Soumitra Ghosh | Vp For Enrollment Management | 50 | $389,906 |
| Mr Hongjun Yan | Professor | 50 | $387,796 |
| Ms Elizabeth F Ortiz Edd | Vp For Inst.div.&equity(thru 6/30/23) | 50 | $383,612 |
| Mr Guillermo Vasquez De Velasco | Dean, La&s | 50 | $379,333 |
| Mr St Arbin Smith | Vp Si, Chief of Staff | 50 | $368,133 |
| Mr Eugene Zdziarski Phd | Vp For Student Affairs | 50 | $364,350 |
Top vendors & contractors (FY2023)
| Contractor | Services | Paid |
|---|---|---|
| Allied Universal Janitorial | Janitorial | $10,205,215 |
| Critial Mass Inc | Advertising | $7,740,075 |
| Stone Group | Facility Engineering | $4,837,437 |
| Guardian Security | Security | $1,804,479 |
| Signature Transport Group | Transportation | $1,615,006 |
Grants received · $66.3M total
199 grants to Depaul University totaling $66.3M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Ayco Charitable Foundation | Education | 2024 | $2,684,000 |
| Morgan Stanley Global Impact Funding Trust Inc | Unrestricted general support | 2024 | $315,000 |
| Charities Aid Foundation America | Charitable donation | 2024 | $155,582 |
| Gs Donor Advised Philanthropy Fund For Wealth Management Inc | Education | 2024 | $150,000 |
| Robert R Mccormick Foundation | Multi-faith veterans initiative | 2024 | $150,000 |
| Independent Charitable Gift Fund | General support | 2024 | $90,100 |
| Hispanic Scholarship Fund | To provide scholarships for students | 2024 | $82,951 |
| American Endowment Foundation | Educational | 2024 | $63,500 |
| American Online Giving Foundation Inc | General support | 2024 | $17,045 |
| The Us Charitable Gift Trust | For recipient's exempt purpose | 2024 | $17,000 |
| American Gift Fund | Operations | 2024 | $15,000 |
| The Blackbaud Giving Fund | General support | 2024 | $6,923 |
| Big East Conference Inc | Funding for athletic program | 2023 | $4,726,348 |
| National Philanthropic Tr | Public, societal benefit | 2023 | $1,445,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2023 | $1,080,608 |
Grants made · $2.5M in FY2023
28 grants totaling $2.5M in FY2023 — showing the 15 largest. All grants made by Depaul University →
| Recipient | Purpose | Amount |
|---|---|---|
| Academy For Urban School Leadership | Sub-grant | $803,582 |
| Rush University Medical Center | Sub-grant | $279,716 |
| St Vincent De Paul Church | General support | $263,221 |
| Sri International | Sub-grant | $172,744 |
| Bayesics LLC | Sub-grant | $157,568 |
| Northwestern University | Sub-grant | $148,598 |
| The Board of Trustees of the University of Illinois | Sub-grant | $84,287 |
| Loyola University of Chicago | Sub-grant | $70,944 |
| The National Center For Genome Resources | Sub-grant | $62,482 |
| The Board of Trustees of the University of Illinois | Sub-grant | $52,865 |
| Learning Partnership | Sub-grant | $51,709 |
| University of Maryland | Sub-grant | $36,267 |
| Michigan State University | Sub-grant | $35,397 |
| University of Chicago | Sub-grant | $33,696 |
| Chicago Public Schools | Sub-grant | $33,206 |
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Frequently asked questions
- Is Depaul University a legitimate nonprofit?
- Yes. Depaul University is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 36-2167048, based in Chicago, Illinois. Donations are tax-deductible.
- What is Depaul University's EIN?
- Depaul University's Employer Identification Number (EIN) is 36-2167048.
- How much revenue does Depaul University report?
- Depaul University reported $918,078,036 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of Depaul University's spending goes to programs?
- Depaul University spends about 89% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Depaul University have?
- CharityIndex grades Depaul University A, based on program efficiency and fundraising cost.
- How much does Depaul University's highest-paid employee make?
- The highest reported compensation on Depaul University's latest Form 990 is $1,528,232, paid to Mr Anthony Stubblefield (Men's Head Basketball Coach).
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Explore more
Data for Depaul University (EIN 36-2167048) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.