Thomas Jefferson University: $1.7B Revenue, $1.3B Program Expenses
Philadelphia, Pennsylvania · EIN 231352651 · Filing year 2023
Thomas Jefferson University reported $1.7B in total revenue, $1.6B in total expenses, and $4.7B in total assets on its 2023 IRS Form 990. 78.0% of expenses ($1.3B) went directly to programs. Top officer compensation is not reported on this 990 filing. Overall efficiency grade: B (78/100).
Source: ProPublica Nonprofit Explorer — IRS Form 990 filings, filing year 2023.
Key Facts (2023 Form 990)
- Total Revenue
- $1.7B
- Total Expenses
- $1.6B
- Program Expenses
- $1.3B
- Program Expense Ratio
- 78.0%
- Total Assets
- $4.7B
- Reserve Months
- 34.5 months
- EIN
- 231352651
- Latest 990 Year
- 2023
- Top Officer Compensation
- Not reported
The efficiency rubric puts Thomas Jefferson University at a B grade: a composite of 78/100 that lands above the national midpoint. The grade reflects solid program-spending discipline alongside reasonable executive compensation and financial reserves.
Thomas Jefferson University operates at corporate scale — $1.7B in reported 2023 revenue. At over a billion in annual revenue, nonprofits typically run consolidated operations across multiple states or business lines, and the IRS Form 990 reflects a much larger operational footprint than a typical 501(c)(3). Program-spending efficiency is strong: 80% of total expenses flow to program activities, above the 75% benchmark most third-party charity raters use.
Five-year revenue trajectory is strongly positive: Thomas Jefferson University has grown materially in real terms, which usually signals successful fundraising and program expansion. CEO compensation is reported as zero in the filing — typical for nonprofits where the chief executive is paid through a related entity (parent system, university, or foundation) rather than the filing organization itself, or for small organizations whose chief is a volunteer or board member. In the Education category, Thomas Jefferson University sits alongside universities, K-12 systems, scholarship funds, and education-research organizations. Education-sector nonprofits often hold large endowments, which affects how the reserves-and-revenue ratios should be read.
How Thomas Jefferson University Compares
Thomas Jefferson University directs 78.0% of spending to programs, meeting the 65% minimum recommended by charity watchdogs. Its efficiency score of 78/100 is 4 points above the Education category average. The organization holds 34.5 months of operating reserves, indicating strong financial stability.
Where Your Donation Goes
Based on IRS tax-exempt organization data, for every dollar donated to Thomas Jefferson University, approximately 78.0 cents goes directly to program activities. The remaining funds cover administrative costs, fundraising, and management expenses.
Revenue History
Thomas Jefferson University has an Efficiency Score of B (78/100). Approximately 78.0% of expenses go directly to program activities, with the remainder covering administration and fundraising.
Thomas Jefferson University, Donor FAQ
Thomas Jefferson University has an Efficiency Score of B (78/100). Approximately 78.0% of expenses go directly to program activities, with the remainder covering administration and fundraising.
CEO/officer compensation for Thomas Jefferson University is not reported in the most recent IRS 990 filing on file.
Thomas Jefferson University reported $1.7B in annual revenue and $1.6B in total expenses for filing year 2023. The organization holds $4.7B in total assets.
For every dollar donated to Thomas Jefferson University, approximately 78.0 cents goes to program activities. The organization has 34.5 months of operating reserves, providing financial stability to sustain its mission.
Thomas Jefferson University is a registered 501(c) organization with EIN 231352651, based in Philadelphia, Pennsylvania. Financial data is sourced from publicly available IRS 990 filings via ProPublica Nonprofit Explorer.
Similar Education Nonprofits
Financial data is sourced from IRS 990 filings via ProPublica Nonprofit Explorer. Efficiency Scores combine program spending ratio (50%), revenue growth (20%), reserve months (20%), and CEO compensation ratio (10%). Filing data may lag 6-18 months from the tax year.