NORTHEASTERN UNIVERSITY

BOSTON, MA, 02115-5005 (617) 373-5947 Est. 1898 EIN 04-1679980
B83— Education Form 990 501(c)(3)
www.neu.edu

Mission

SEE SCHEDULE O.

Giving Portfolio

Total Grants
804
Total Giving
$190.6M
Recipients
776
Years Active
2017 - 2022
Avg grant: $236,009 Median: $85,117

Yearly Trends

YearGrantsTotal Giving Avg GrantNewRepeat
2022156$42.2M $270K27118
2021152$29.5M $194K25118
2020133$31.2M $235K26104
2019130$36.9M $284K2799
2018122$30.4M $250K3785
2017111$20.4M $184K1100

Sectors Funded

Education
240
Health Care
49
Science & Technology
34
Medical Research
19
Mental Health & Crisis Intervention
17
Community Improvement
11
Youth Development
6
Unknown
5
and 8 more sectors

Top States

Massachusetts
223
California
60
Texas
39
Pennsylvania
34
New York
29
Rhode Island
29
Georgia
22
North Carolina
22
and 37 more states

Grantee Size Profile

Over $50M
301
$10M - $50M
44
$5M - $10M
12
$1M - $5M
12
$500K - $1M
4

Top Grantees

Page 1 of 3
DC - 4 grants
$25.0M
$9.7M
University of Massachusetts
MA - 4 grants
$3.2M
$3.2M

Grants Awarded · 480 grants

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Financials

Total Revenue
$2,586,227,003
Total Expenses
$2,460,539,353
Net Assets
$3,720,467,000
22,569 employees 963 volunteers
From latest filing (tax period ending 2023-06-30)

Financial Health

Operating Reserve
18.1 months Healthy
Net assets / monthly expenses
Year-over-Year Change
Revenue ↑ 8.1%
Expenses ↑ 14.6%
Revenue Sources
Contributions 13.2% Earned revenue 84.5% Investment 1.9%
Expense Breakdown
Program 90.0% Management 8.4% Fundraising 1.7%

Filing History (6 filings)

YearRevenueExpensesNet Assets
2022 Form 990
Jul 1, 2022 to Jun 30, 2023
$2,586,227,003 $2,460,539,353$3,720,467,000
2021 Form 990
Jul 1, 2021 to Jun 30, 2022
$2,393,370,957 $2,146,870,270$3,471,254,000
2020 Form 990
Jul 1, 2020 to Jun 30, 2021
$2,060,202,511 $1,846,626,305$2,740,560,000
2019 Form 990
Jul 1, 2019 to Jun 30, 2020
$1,943,632,573 $1,704,024,042$2,217,834,000
2018 Form 990
Jul 1, 2018 to Jun 30, 2019
$1,828,592,362 $1,623,876,099$2,023,957,000
2017 Form 990
Jul 1, 2017 to Jun 30, 2018
$1,691,438,907 $1,536,933,716$1,793,989,000

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EIN: 04-1679980 · Source: IRS Form 990 e-file data