Kettering University is a 501(c)(3) organization based in Flint, Michigan, registered in 1982, with $88,324,433 in FY2023 revenue. CharityIndex grades it A, and it directs about 84% of spending to programs.
Revenue (FY2023)
$88.3M
▼ 15.3% vs prior year
Education median: $200K
Expenses (FY2023)
$95.2M
Net assets
$231.2M
Employees
929
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 Kettering University: 84% to programs · $17 to raise $100 earns a A on this criterion. See the exact thresholds →
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 Kettering University: 29 mo reserves · -8% margin earns a B+ on this criterion. See the exact thresholds →
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 Kettering University: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
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 Kettering University: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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Ku prepares students for lives of extraordinary leadership and service by linking transformative experiential learning opportunities to rigorous academic programs.
Graduate instruction. delivered 5,641 graduate student credit hours (one credit hour represents 10 hours of instruction for one student). awarded 148 master degrees in 10 different programs.
All other program services includes academic support, student services, institutional services, and auxiliary services.
Revenue grew from $63.5M (FY2013) to $88.3M (FY2023) across 11 reported years.
Financial snapshot
Operating margin
-7.8%
Spent more than it raised in the latest fiscal year.
Total assets
$279.1M
Total liabilities
$47.9M
Net assets
$231.2M
Salaries & benefits
$37.5M
39% of expenses
Board members
22
21 independent
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $88,324,433▼15.3% | $95,227,091▼10.3% | $231,157,694▲1.2% | $279,070,815▲1.4% | 990 |
| 2022 | $104,251,884▼4.2% | $106,189,826▼0.5% | $228,469,380▲1.9% | $275,349,532▲0.7% | 990 |
| 2021 | $108,871,575▲32.2% | $106,719,699▲63.2% | $224,232,578▼3.3% | $273,554,260▼2.8% | 990 |
| 2020 | $82,356,479▲20.6% | $65,408,533▼6.0% | $231,806,318▲19.5% | $281,450,228▲15.9% | 990 |
| 2019 | $68,311,980▼28.6% | $69,550,203▲0.3% | $193,963,021▼1.6% | $242,847,651▲9.4% | 990 |
| 2018 | $95,676,387▲26.0% | $69,312,194▲3.1% | $197,134,204▲10.8% | $221,978,988▲9.2% | 990 |
| 2017 | $75,951,870▲9.5% | $67,257,384▲1.5% | $177,940,665▲5.2% | $203,265,971▲4.5% | 990 |
| 2016 | $69,332,395▲10.0% | $66,239,387▲7.4% | $169,092,634▲7.0% | $194,468,040▲4.7% | 990 |
| 2015 | $63,048,623▼19.8% | $61,704,111▲5.6% | $158,020,661▼1.4% | $185,693,061▼0.9% | 990 |
| 2014 | $78,591,406▲23.8% | $58,425,111▲2.8% | $160,262,023▲5.9% | $187,371,719▲4.6% | 990 |
| 2013 | $63,501,022 | $56,842,601▲5.0% | $151,363,523▲9.6% | $179,177,996▲7.3% | 990 |
| 2012 | — | $54,155,125▲1.4% | $138,094,734▲8.3% | $166,916,041▲6.7% | 990 |
| 2011 | — | $53,400,485▼1.0% | $127,568,738▼3.8% | $156,485,114▼4.1% | 990 |
| 2010 | — | $53,940,415▼5.6% | $132,623,535▲8.0% | $163,092,732▲5.7% | 990 |
| 2009 | — | $57,153,104 | $122,815,483 | $154,352,360 | 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.
Highest-paid: Robert K Mcmahan Jr — $756,200 (0.79% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Robert K Mcmahan Jr | President | 80 | $756,200 |
| James Zhang | Provost | 55 | $325,886 |
| Jennifer Patterson | Vp University Advancement & External Relations | 55 | $253,438 |
| Kathryn Svinarich | Associate Provost | 55 | $248,310 |
| Nancy Fike Left 112023 | Interim Vp Administration & Finance/controller | 55 | $228,569 |
| Tracie Jones Left 072023 | Vp Enrollment & Co-op Services | 55 | $215,535 |
| Jennifer Umberger | Vp University Marketing & Communications | 55 | $202,973 |
| Scott Grasman | Dean of College of Engineering | 55 | $197,774 |
| Christine Wallace | Vp. Kettering Global/special Assistant To the President | 55 | $189,723 |
| Mehrdad Zadeh | Professor of Computer Engineering | 55 | $170,393 |
| Babak Elahi | Dean of College of Sciences & Liberal Arts | 55 | $169,281 |
| Marsha Bewersdorf | Vp Administration & Finance | 55 | $165,135 |
| Donald Rockwell | University Counsel | 55 | $164,659 |
| Bruce D Coventry | Board Member | 2 | — |
| Carla J Bailo | Board Vice Chair | 2 | — |
| Charles F Kettering III | Board Member | 2 | — |
| Charles Gray | Board Member | 2 | — |
| David Kazyak | Board Member | 2 | — |
| David S Hoyte | Board Member | 2 | — |
| Diana D Tremblay | Board Member | 2 | — |
| Contractor | Services | Paid |
|---|---|---|
| Keypath Education LLC | Recruitment Services | $1,613,514 |
| Carnegie Dartlet LLC | Marketing Services | $832,695 |
| Diamond Excavating LLC | Construction | $263,491 |
| Virtual Marketing LLC | Marketing Services | $168,950 |
| L L Catey Engineering Serv | Consulting Services | $114,121 |
94 grants to Kettering University totaling $4.4M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| American Online Giving Foundation Inc | General support | 2024 | $118,233 |
| Greater Horizons | Education | 2024 | $100,000 |
| For Inspiration and Recognition of Science and Technology First | Program support | 2024 | $20,052 |
| Community Foundation For Southeast Michigan | Education | 2024 | $17,500 |
| Ayco Charitable Foundation | Education | 2024 | $13,950 |
| American Endowment Foundation | Educational | 2024 | $12,500 |
| The New York Community Trust | For program support. | 2024 | $10,000 |
| Hispanic Scholarship Fund | To provide scholarships for students | 2024 | $5,686 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2023 | $176,300 |
| Donor Advised Charitable Giving | Education | 2023 | $51,400 |
| For Inspiration and Recognition of Science and Technology First | Program support | 2023 | $24,600 |
| American Online Giving Foundation Inc | General support | 2023 | $23,726 |
| National Philanthropic Tr | Health | 2023 | $20,300 |
| American Endowment Foundation | Educational | 2023 | $13,750 |
| Ayco Charitable Foundation | Education | 2023 | $12,750 |
Explore more
Data for Kettering University (EIN 38-2410852) 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.