Skip to main content
NonprofitTruth
Education · 2023 Form 990

William Marsh Rice University: $1.1B Revenue, $892.0M Program Expenses

Houston, Texas · EIN 741109620 · Filing year 2023

William Marsh Rice University reported $1.1B in total revenue, $1.1B in total expenses, and $9.2B in total assets on its 2023 IRS Form 990. 78.0% of expenses ($892.0M) went directly to programs. Top officer compensation is not reported on this 990 filing. Overall efficiency grade: C (63/100).

Source: ProPublica Nonprofit Explorer — IRS Form 990 filings, filing year 2023.

C
Efficiency Score
63/100

Key Facts (2023 Form 990)

Total Revenue
$1.1B
Total Expenses
$1.1B
Program Expenses
$892.0M
Program Expense Ratio
78.0%
Total Assets
$9.2B
Reserve Months
97.0 months
EIN
741109620
Latest 990 Year
2023
Top Officer Compensation
Not reported

William Marsh Rice University earns a C on the efficiency rubric — the median bucket on the LakeQuality scale, indicating performance close to the national midpoint across program spending, executive compensation, and financial reserves. Composite score: 63/100.

On revenue, William Marsh Rice University is among the largest U.S. nonprofits: $1.1B in 2023 reported revenue. Organizations at this scale typically operate hospitals, university systems, or national federations — the financial pattern looks more like a corporation than the small-charity stereotype. 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 has grown modestly. William Marsh Rice University is not expanding rapidly but is not shrinking either; the trajectory is consistent with stable donor and grant relationships. 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, William Marsh Rice 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.


$1.1B
Revenue
$1.1B
Expenses
$9.2B
Total Assets
78.0%
Program Spending

How William Marsh Rice University Compares

William Marsh Rice University directs 78.0% of spending to programs, meeting the 65% minimum recommended by charity watchdogs. Its efficiency score of 63/100 is 11 points below the Education category average. The organization holds 97.0 months of operating reserves, indicating strong financial stability.

Financials

Where Your Donation Goes

$892.0M
Program Spending
78.0% of expenses
Not reported
CEO Compensation
97.0 mo
Reserve Months
of expenses in assets

Based on IRS tax-exempt organization data, for every dollar donated to William Marsh Rice University, approximately 78.0 cents goes directly to program activities. The remaining funds cover administrative costs, fundraising, and management expenses.

Trend

Revenue History


William Marsh Rice University has an Efficiency Score of C (63/100). Approximately 78.0% of expenses go directly to program activities, with the remainder covering administration and fundraising.

William Marsh Rice University, Donor FAQ

William Marsh Rice University has an Efficiency Score of C (63/100). Approximately 78.0% of expenses go directly to program activities, with the remainder covering administration and fundraising.

CEO/officer compensation for William Marsh Rice University is not reported in the most recent IRS 990 filing on file.

William Marsh Rice University reported $1.1B in annual revenue and $1.1B in total expenses for filing year 2023. The organization holds $9.2B in total assets.

For every dollar donated to William Marsh Rice University, approximately 78.0 cents goes to program activities. The organization has 97.0 months of operating reserves, providing financial stability to sustain its mission.

William Marsh Rice University is a registered 501(c) organization with EIN 741109620, based in Houston, Texas. Financial data is sourced from publicly available IRS 990 filings via ProPublica Nonprofit Explorer.

Sources: IRS 990 Filings, ProPublica Nonprofit Explorer
Last updated:

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.