DRAKE UNIVERSITY
DES MOINES,
Iowa,
50311
EIN: 42-0680460
Educational Institutions and Related Activities
DEMOGRAPHIC
ADDRESS
2507 UNIVERSITY AVE
50311
COUNTY
polk county, IA
ORGANIZATIONAL OVERVIEW & RANKINGS
DRAKE UNIVERSITY is a based in DES MOINES, IA, focused on Educational Institutions and Related Activities causes . Established in July 1950, it operates as an independent corporation and contributions to this organization are tax-deductible .
With total assets of $568,210,282.00, this ranks 2,329 among 2,656,690 nonprofits nationally (Top 1%), demonstrating exceptional financial capacity relative to its peers. At the state level, it stands at 20 out of 40,025 organizations in IA (Top 1%).
In polk county, IA, the organization ranks 8 out of 12,512 nonprofits by assets (Top 1%), while locally in des moines, it stands at 4 among 9,734 organizations (Top 1%).
The organization reported annual revenue of $259,104,983.00, ranking 2,056 nationally (Top 1%) and 16 in IA (Top 1%).
Within its specific NTEE classification (B430 - B: Educational Institutions and Related Activities), which includes 339 similar organizations, DRAKE UNIVERSITY ranks 106 in assets (Top 27%) and 94 in revenue (Top 24%).
The organization files a 990 (all other) or 990EZ return and operates on a May fiscal year.
CLASSIFICATION
ORGANIZATION CODE
1: Corporation
DEDUCTIBILITY CODE
1: Contributions are deductible
AFFILIATION CODE
3: Independent
SUBSECTION/CLASSIFICATION CODES
ACTIVITY CODES
Private school
School college trade school etc
NTEE COMMON CODE
B: Educational Institutions and Related Activities
NTEE CODE
N/A
FOUNDATION CODE
11: School 170(b)(1)(A)(ii)
EXEMPT ORGANIZATION STATUS CODE
N/A
FINANCIALS
TAX PERIOD
06/2023
ACCOUNTING PERIOD
06
INCOME CODE
9: $50,000,000 to greater
INCOME AMOUNT
$295,304,001.00
FORM 990 REVENUE AMOUNT
$259,104,983.00
RULING DATE
07/1950
ASSET CODE
9: $50,000,000 to greater
ASSET AMOUNT
$568,210,282.00
FILING REQUIREMENT CODE
990 (all other) or 990EZ return
PF FILING REQUIREMENT CODE
No 990-PF return
Disclaimer: While we are confident of the accuracy of the information on this page, we encourage you verify the information directly with IRS. The IRS has a toll-free number for this at 1-877-829-5500 or visit www.irs.gov.
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