Quick charity verification for Drew University (EIN: 221487164)
Verdict: Drew University appears trustworthy
75/100Mission Score
$148.5MRevenue
$220.6MAssets
3Red Flags
3Strengths
Red Flags
Total expenses have consistently exceeded total revenues in recent years (e.g., 2023: revenue $112M, expenses $130M), leading to a decline in net assets.
Long-term liabilities have remained substantial, with $90.9M in 2023, indicating ongoing debt obligations.
Net assets have shown a consistent downward trend from $327.9M in 2016 to $233.0M in 2023, signaling financial challenges.
Strengths
Despite financial pressures, Drew University maintains significant total assets ($220.5M in 2023), providing a base for operations.
The university has a long-standing history and established presence in higher education, contributing to its resilience.
Consistent filing of financial documents demonstrates a commitment to transparency and regulatory compliance.
Spending Breakdown
How Drew University allocates its funds across programs, administration, and fundraising.
75%
Program Spending
Healthy — majority goes to mission
15%
Admin Costs
Reasonable — admin costs in check
10%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.
How to Interpret This Report
What Red Flags Mean
Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.
What Mission Score Measures
The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.
Using This Data for Donation Decisions
Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.
Frequently Asked Questions about Drew University
Is Drew University a legitimate charity?
Based on AI analysis of IRS 990 filings, Drew University (EIN: 221487164) appears trustworthy. Mission Score: 75/100. 3 red flags identified, 3 strengths noted.
Is Drew University a good charity to donate to?
Drew University has a Mission Score of 75/100. Revenue: $148.5M. Assets: $220.6M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Drew University?
The Employer Identification Number (EIN) for Drew University is 221487164. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does Drew University spend its money?
Drew University allocates 75% to programs, 15% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Drew University's tax-exempt status?
You can verify Drew University's tax-exempt status using EIN 221487164 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
Drew University is a education nonprofit based in Madison, New Jersey, with reported revenue of $148.5M and assets of $220.6M. Our AI analysis assigns a Mission Score of 75/100 (Good). Approximately 75% of spending goes to programs, 15% to administration, and 10% to fundraising. Executive compensation appears reasonable given the organization's size and mission, with no individual compensation exceeding $500,000 in recent filings, indicating responsible stewardship of funds. Revenue has declined -15% across 13 filing periods.