University Of Richmond: $471.3M Revenue, $459.6M Expenses
Richmond, Virginia · EIN 540505965 · Filing year 2023
University Of Richmond reported $471.3M in total revenue, $459.6M in total expenses, and $3.7B in total assets on its 2023 IRS Form 990. Total compensation for current officers and key employees was $7.1M (1.50% of revenue). NonprofitTruth efficiency grade: C (54/100).
Source: ProPublica Nonprofit Explorer — IRS Form 990 filings, filing year 2023.
Key Facts (2023 Form 990)
- Total Revenue
- $471.3M
- Total Expenses
- $459.6M
- Total Assets
- $3.7B
- Reserve Months
- 96.8 months
- Surplus / (Deficit)
- $11.7M
- EIN
- 540505965
- Latest 990 Year
- 2023
- Current-Officer Compensation
- $7.1M
- Officer Comp % of Revenue
- 1.50%
University Of Richmond earns a C on the efficiency rubric — the median bucket on the NonprofitTruth scale, indicating performance close to the national midpoint across financial reserves, officer compensation, and revenue consistency. Composite score: 54/100.
University Of Richmond is a large nonprofit by U.S. standards: $471.3M in 2023 revenue against $459.6M in expenses. Organizations in this revenue bracket usually run multiple programs with permanent staff and a meaningful endowment or reserve. Reserves are the limiting factor: University Of Richmond carries relatively few months of operating expenses on its balance sheet, which can leave an organization exposed if a major funding source pauses.
Five-year revenue is essentially flat — University Of Richmond's funding base appears stable but not growing. For mature organizations this is often the steady state; for younger ones it can signal a funding plateau worth diagnosing. Officer compensation is modest relative to organizational size: University Of Richmond reports $7.1M in total compensation for current officers and key employees (Form 990 Part IX, line 5) against $471.3M in revenue. The ratio is well within the bands third-party charity raters consider reasonable at this scale. In the Education category, University Of Richmond 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 figures should be read.
How University Of Richmond Compares
University Of Richmond earns a NonprofitTruth efficiency grade of C (54/100). That is 10 points below the Education category average. Compensation for current officers and key employees represents 1.50% of total revenue. The organization holds 96.8 months of operating reserves, indicating strong financial cushion.
990 Financial Snapshot
Based on IRS tax-exempt organization data, University Of Richmond reported $471.3M in revenue against $459.6M in total functional expenses for filing year 2023, holding roughly 96.8 months of operating reserves. A program-vs-overhead split is not shown here because total program service expenses (Form 990 Part IX, line 25, column B) are not available in the ProPublica Nonprofit Explorer feed this site ingests; that breakdown can be read directly from the organization’s e-filed 990.
The 990 reports $7.1M in total compensation for current officers, directors, trustees, and key employees (Part IX, line 5) — 1.50% of total revenue. This is an aggregate across all listed officers; per-person amounts appear on Schedule J.
Revenue History
Get University Of Richmond's next Form 990 grade
Subscribe for NonprofitTruth updates by email. No spam, unsubscribe anytime.
University Of Richmond has a NonprofitTruth Efficiency Score of C (54/100), a financial-structure summary based on operating reserves, multi-year revenue consistency, and officer compensation relative to revenue — all drawn from the organization's IRS Form 990.
University Of Richmond, Donor FAQ
University Of Richmond has a NonprofitTruth Efficiency Score of C (54/100), a financial-structure summary based on operating reserves, multi-year revenue consistency, and officer compensation relative to revenue — all drawn from the organization's IRS Form 990.
University Of Richmond reports $7.1M in total compensation for current officers, directors, trustees, and key employees (IRS Form 990 Part IX, line 5), representing 1.50% of the organization's $471.3M in annual revenue. This is an aggregate figure for all listed officers, not a single executive's salary; per-person pay is detailed on Schedule J of the 990.
University Of Richmond reported $471.3M in annual revenue and $459.6M in total expenses for filing year 2023. The organization holds $3.7B in total assets.
University Of Richmond holds approximately 96.8 months of operating reserves (total assets relative to annual expenses) based on its 2023 IRS Form 990, one input into its C efficiency grade.
University Of Richmond is a registered 501(c) organization with EIN 540505965, based in Richmond, Virginia. Financial data is sourced from publicly available IRS 990 filings via ProPublica Nonprofit Explorer.
Similar Education Nonprofits
Explore Nonprofit Data
Financial data is sourced from IRS Form 990 filings via ProPublica Nonprofit Explorer. The Efficiency Score combines three signals the 990 feed actually reports: financial health / operating reserves (40%), multi-year revenue consistency (35%), and current-officer compensation relative to revenue (25%). It does not include a program-spending ratio, because total program service expenses are not exposed by the ProPublica feed; no program ratio is estimated. Filing data may lag 6-18 months from the tax year.