University of Delaware
501(c)(3) Donations tax-deductible
89% goes to programs $8 to raise $100 Strong reserves Growing revenue
University of Delaware is a 501(c)(3) organization based in Newark, Delaware, registered in 1933, with $1,663,250,801 in FY2023 revenue. CharityIndex grades it A, and it directs about 89% of spending to programs.
550 S College Ave Ste 201, Newark, DE, 19713 EIN 51-6000297 Since 1933
Revenue (FY2023)
$1.7B
▲ 9.2% vs prior year
Expenses (FY2023)
$1.6B
Net assets
$3.2B
Employees
14,114
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A
AProgram efficiency40% of the rating89% to programs · $8 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 University of Delaware: 89% to programs · $8 to raise $100 earns a A on this criterion. See the exact thresholds →
AFinancial health25% of the rating24 mo reserves · +4% 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 University of Delaware: 24 mo reserves · +4% 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 University of Delaware: 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 University of Delaware: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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Mission
The university of delaware is a major research university dedicated to cultivating learning, advancing knowledge, and fostering the exchange of ideas through teaching, research and public service.
What they do
Sponsored research is advancing, leading-edge research that solves mysteries, tackles problems, and invents new technologies - all aimed at enhancing our quality of life.
Auxiliary services manages many of the university of delaware's support units providing a wide range of products and services for students, faculty, and staff, including the university's residence halls, bookstore, conference services, dining services, green reservations (areas outside of residence halls and campus buildings), residence hall laundry, university parking, bus service, and printing.
Contact & location
Financial trends
Revenue grew from $1.1B (FY2013) to $1.7B (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $1.5BNet assets $3.2B
Operating margin
3.6%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$4.6B
Total liabilities
$1.5B
Net assets
$3.2B
Salaries & benefits
$834.4M
52% of expenses
Board members
31
28 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $1,663,250,801▲9.2% | $1,603,303,670▲7.5% | $3,175,661,232▲2.7% | $4,649,702,865▲3.7% | 990 |
| 2022 | $1,523,134,112▼4.7% | $1,491,111,650▲7.3% | $3,091,360,825▲3.5% | $4,485,451,642▲1.3% | 990 |
| 2021 | $1,599,020,725▲15.8% | $1,389,897,450▲8.7% | $2,987,959,929▼0.9% | $4,429,239,540▼3.6% | 990 |
| 2020 | $1,380,687,161▲5.2% | $1,278,759,668▼4.0% | $3,015,225,536▲23.4% | $4,592,733,130▲14.6% | 990 |
| 2019 | $1,312,591,518▼6.0% | $1,331,669,964▼0.7% | $2,443,175,722▼5.0% | $4,006,103,766▼0.9% | 990 |
| 2018 | $1,395,852,912▲6.3% | $1,341,410,685▲7.0% | $2,572,324,780▲2.4% | $4,042,249,412▲2.1% | 990 |
| 2017 | $1,313,602,499▲6.5% | $1,253,803,409▲6.4% | $2,511,780,407▲5.9% | $3,958,394,428▲8.8% | 990 |
| 2016 | $1,233,962,901▲4.1% | $1,177,936,660▲0.9% | $2,372,049,830▲7.2% | $3,638,899,497▲4.6% | 990 |
| 2015 | $1,185,495,749▼11.1% | $1,167,702,229▲4.5% | $2,212,126,106▼6.8% | $3,478,423,513▼1.7% | 990 |
| 2014 | $1,333,257,199▲16.2% | $1,116,931,114▲8.7% | $2,374,399,150▼1.3% | $3,538,242,532▲5.1% | 990 |
| 2013 | $1,147,829,295 | $1,027,590,655▲3.8% | $2,406,297,867▲10.3% | $3,366,023,740▲7.5% | 990 |
| 2012 | — | $989,960,579▲5.7% | $2,180,624,789▲11.7% | $3,130,734,593▲12.7% | 990 |
| 2011 | — | $936,534,858▲3.8% | $1,951,890,491▼2.6% | $2,777,532,648▲1.4% | 990 |
| 2010 | — | $902,067,666▲5.3% | $2,002,982,287▲16.5% | $2,739,095,521▲17.2% | 990 |
| 2009 | — | $856,906,346 | $1,719,640,291 | $2,337,339,504 | 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: Dionissios N Assanis — $1,592,794 (0.10% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Dionissios N Assanis | President | 55 | $1,592,794 |
| Keith Walter | Chief Investment Officer | 55 | $1,126,290 |
| James W Dicker Jr | Vp Development & Alumni Relations | 55 | $787,699 |
| Robin W Morgan | Former Provost | 0 | $779,253 |
| Carolyn Thoroughgood | Professor | 55 | $746,480 |
| Laura Carlson | Provost | 55 | $701,181 |
| Laure Ergin | Former Vp & General Counsel | 0 | $695,003 |
| Kathleen Sharon Matt | Professor | 55 | $677,617 |
| Christine Rawak | Director, Intercollegiate Atheltics & Recreation Services | 55 | $646,424 |
| John Long | Executive Vice President & Coo | 55 | $640,794 |
| Mary Remmler | Senior Vice President & Cfo | 55 | $610,147 |
| Ryan Carty | Head Football Coach | 55 | $604,163 |
| Kelvin H Lee | Interim Vp of Research Until 12/31/23 | 55 | $579,159 |
| Glenn Carter | Vp Communciations & Marketing | 55 | $455,739 |
| Levi Thompson | Dean | 55 | $438,663 |
| Melissa Bard | Vp & Chief Hr Officer | 55 | $412,728 |
| Peter Krawchyk | Vp Facilities, Recreation, Auxiliary Services | 55 | $391,237 |
| Beth G Brand | Vp & University Secretary | 55 | $383,608 |
| Rodney Morrison | Vp, Enrollment Management | 55 | $366,897 |
| Jose-luis Riera | Vp Student Life | 55 | $356,186 |
Top vendors & contractors (FY2023)
| Contractor | Services | Paid |
|---|---|---|
| Whiting-turner Contracting Company | Construction | $82,074,544 |
| Aramark | Food Services | $40,389,112 |
| Imc Construction | Construction | $21,620,470 |
| Ips Integrated Project Service | Consultants | $7,597,348 |
| Gbuild Construction Managers | Construction | $6,759,689 |
Grants received · $241.7M total
545 grants to University of Delaware totaling $241.7M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Unidel Foundation Inc | Support of higher education in delaware. | 2025 | $16,595,467 |
| Unidel Foundation Inc | Support of higher education in delaware. | 2024 | $11,579,609 |
| Gs Donor Advised Philanthropy Fund For Wealth Management Inc | Education | 2024 | $516,500 |
| American Online Giving Foundation Inc | General support | 2024 | $345,871 |
| Kaiser Foundation Hospitals | Research / project support | 2024 | $259,445 |
| Morgan Stanley Global Impact Funding Trust Inc | Unrestricted general support | 2024 | $173,000 |
| Ayco Charitable Foundation | Education | 2024 | $120,700 |
| Charities Aid Foundation America | Charitable donation | 2024 | $110,826 |
| T Rowe Price Program For Charitable Giving Inc | Multiple | 2024 | $103,250 |
| Urban Institute | Grant sub-award | 2024 | $100,000 |
| American Endowment Foundation | Educational | 2024 | $87,100 |
| American Heart Association Inc | Research | 2024 | $69,548 |
| Community Foundation of New Jersey | Scholarship grant | 2024 | $36,500 |
| The New York Community Trust | For a scholarship award. | 2024 | $26,000 |
| Raymond James Charitable Endowment Fund | General support | 2024 | $25,400 |
Grants made · $45.2M in FY2022
177 grants totaling $45.2M in FY2022 — showing the 15 largest. All grants made by University of Delaware →
| Recipient | Purpose | Amount |
|---|---|---|
| Delaware State University | Research subaward/ tuition exchange | $3,474,760 |
| North Carolina State University | Research subaward | $2,309,736 |
| Christiana Care Health Services Inc | Research subaward/ health services | $1,972,462 |
| Caring Cross Inc | Research subaward | $1,878,632 |
| University of Massachusetts | Research subaward | $1,742,858 |
| Rutgers the State University | Research subaward | $1,704,248 |
| Massachusetts Institute of Technology | Research subaward | $1,618,436 |
| Rensselaer Polytechnic Institute | Research subaward | $1,608,671 |
| University of Maryland | Research subaward | $1,446,539 |
| The Nemours Foundation | Research subaward | $1,395,189 |
| Rps Group Inc | Research subaward | $1,226,546 |
| Trustees of Purdue University | Research subaward | $1,216,486 |
| Texas A&m University | Research subaward | $1,123,398 |
| State of Delaware | Research subaward | $767,338 |
| Carnegie Mellon University | Research subaward | $753,996 |
Frequently asked questions
- Is University of Delaware a legitimate nonprofit?
- Yes. University of Delaware is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 51-6000297, based in Newark, Delaware. Donations are tax-deductible.
- What is University of Delaware's EIN?
- University of Delaware's Employer Identification Number (EIN) is 51-6000297.
- How much revenue does University of Delaware report?
- University of Delaware reported $1,663,250,801 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of University of Delaware's spending goes to programs?
- University of Delaware spends about 89% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does University of Delaware have?
- CharityIndex grades University of Delaware A, based on program efficiency and fundraising cost.
- How much does University of Delaware's highest-paid employee make?
- The highest reported compensation on University of Delaware's latest Form 990 is $1,592,794, paid to Dionissios N Assanis (President).
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Data for University of Delaware (EIN 51-6000297) 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.