Georgetown University EIN 53-0196603

Georgetown University

EIN  53-0196603 Higher education institution Washington, DC Founded 1844
Form 990 (PDF) Compare with another nonprofit →
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Size
$100M+
What they do
Provides world-class undergraduate and graduate education while conducting extensive scientific, clinical, and academic research as the nation's oldest Catholic and Jesuit university.
Leadership
Edward a Cooley · Men's Basketball Coach · $5.1M
Money in and out
$2.3B revenue, $2.1B expenses
Bottom line
+8% operating surplus

Provides world-class undergraduate and graduate education while conducting extensive scientific, clinical, and academic research as the nation's oldest Catholic and Jesuit university. For fiscal year 2024 it reported $2.3B in revenue, $2.1B in expenses, and $3.1B in net assets.Pt I

Financial scale & money flow · FY2024
Total revenue
$2.3B
Pt VIII · Ln 12
Total expenses
$2.1B
Pt IX · Ln 25
Net assets
$3.1B
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $184.6M
Where spending went · Part IX cols B–D
Program services $0.89 Management & general $0.09 Fundraising $0.02
Operating surplus
+8%
revenue over expenses, this legal entity▲ +423% vs prior filing year
Payroll share
48%
of this entity's spending is salaries & benefits▲ +3% vs prior filing year
Program spending
89%
of expenses reach program services▲ +1% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$2.3B
FY2024▲ +10%
Expenses
$2.1B
FY2024▲ +3%
Total assets
$6.9B
FY2024▲ +14%
Total liabilities
$3.7B
FY2024▲ +10%
Total revenue
$2.3B
Pt VIII · Ln 12
Total expenses
$2.1B
Pt IX · Ln 25
Net assets
$3.1B
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$184.6M
Total assetsPt X · Ln 16$6.9B
Program-expense ratioPt IX · col B89%
Voting members of governing bodyPt I · Ln 339
Independent voting membersPt I · Ln 437
Mission & Programs · Part III

Where the work happens

3 program services account for $1.7B of program spending, described in the organization's own filed words · FY2024.
01

Instruction

The university consists of the college of arts & sciences, georgetown law center, the graduate school of arts & sciences, the mccourt school of public policy, the robert e. Mcdonough school of business, the school of continuing studies, the berkley school of nursing, the school of health, the school of medicine, and the edmund a.

$941.8Mprogram expense
02

Academic Support

This includes activities that support the university's primary educational and research missions. These activities include academic administration, academic computing support, academic personnel development, course and curriculum development, departmental administration, educational media services, and libraries.

$420.6Mprogram expense
03

Research

One of the primary objectives of the university is the development of knowledge through basic science, clinical research and other research. During the year ended june 30, 2025, faculty and students participated in over 2,400 research projects in science and other areas.

$350.8Mprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CGeorgetown University
EINHdr · item D53-0196603
Principal addressHdr · item CWashington, DC
WebsiteHdr · item Jwww.georgetown.edu
Year of formationHdr · item L1844
State of legal domicileHdr · item MDC
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFColleges & Universities (B430)
Ruling yearIRS BMFOct 1973

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a39
Independent voting membersPt VI · Ln 1b37
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2Yes

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Men's Basketball Coach
$5,105,290Pt VII · Sec A
Chief Investment Officer
$1,709,493Pt VII · Sec A
President & Board Member (until 11/21/24)
$1,686,078Pt VII · Sec A
Managing Director of Public Investments
$1,290,516Pt VII · Sec A
Interim President (eff. 11/22/24), Provost (until 11/26/24)
$1,186,997Pt VII · Sec A
Senior Vice President and Chief Operating Officer
$1,071,417Pt VII · Sec A
Assoc. Director Clinical Services, Georgetown Lombardi Comprehensive Cancer Ctr
$860,608Pt VII · Sec A
Professor, Georgetown University in Qatar
$842,679Pt VII · Sec A

Edward a Cooley’s $5.1M as Men's Basketball Coach is at the 97th percentile of top reported officer pay among 674 $100M+ education nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2024FY2024FY2023FY2022FY2021FY2020
Patrick a Ewing$12,549,824$4,038,583$4,109,630$3,770,448
Edward a Cooley$5,105,290
Ed Cooley$3,963,610
Patrick Ewing$3,366,461
Michael K Barry$1,780,603$1,607,191$1,172,998$962,313
Michael K Barry$1,709,493$819,512
John J Degioia PHD C'79 G'95$1,686,078
John J Degioia PHD (c'79 G'95)$1,613,979$1,279,433$919,044

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Statement of Revenue

Part VIII
Program service revenue$1.4B · 61%
Contributions & grants$585.7M · 26%
Investment income$199.3M · 9%
Other revenue$110.5M · 5%
Program service revenue61%$1.4B
Contributions & grants26%$585.7M
Investment income9%$199.3M
Other revenue5%$110.5M
— government grantsLn 1e$186.5M
Total revenueLn 12$2.3B

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.89 Management & general $0.09 Fundraising $0.02
Program services89%$1.9B
Management & general9%$189.2M
Fundraising2%$44.1M
Total functional expensesLn 25$2.1B

Balance Sheet

Part X · end of year
CashLn 1$347.4M
Total assetsLn 16$6.9B
Total liabilitiesLn 26$3.7B
Total net assetsLn 32$3.1B
Months of cash on handcomputed2.0

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $4.4B · Operating expenses (Pt IX) $2.1B · Less non-cash grants $37.7M · Cash operating expenses/yr $2.1B
25.3 months
Where the money goes
Program services
Program services $1.9B · Total expenses $2.1B
89%
Management & General
Management & general $189.2M · Total expenses $2.1B
9%
Fundraising
Fundraising $44.1M · Total expenses $2.1B
2%
Cost to raise $1
Fundraising expense (3-yr avg) $37.5M · Solicited contributions (3-yr avg) $349.3M
$0.11 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $585.7M · Total revenue $2.3B
26%
Government reliance
Government grants $186.5M · Total revenue $2.3B
8%
Earned-income share
Program service revenue $1.4B · Total revenue $2.3B
61%
Investment reliance
Investment income $199.3M · Total revenue $2.3B
+9%
Program self-sufficiency
Program service revenue $1.4B · Total expenses $2.1B
66%
Growth & trend
Revenue growth (YoY)
This year $2.3B · Prior year $2.1B
+10%
Revenue CAGR
FY2019 $1.7B · FY2024 $2.3B
+6%
Net-asset trend (YoY)
End of year $3.1B · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $2.3B · Expenses $2.1B
+8%
Liabilities-to-Assets
Total liabilities — · Total assets $6.9B
Net-asset ratio
Net assets $3.1B · Total assets $6.9B
46%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $1.0B · Other securities (Pt X, ln 12) $3.0B · Total assets (Pt X, ln 16) $6.9B
59%
People & payroll
Highest Reported Total Compensation
Individual Edward a Cooley · Reported title MEN'S BASKETBALL COACH · Highest reported compensation $5.1M · Total expenses $2.1B
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $1.0B · Total expenses $2.1B
48%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 89%
Overhead ratio 9%
Fundraising cost ratio 8%
Revenue growth 10%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · received and paid
Grants received · FY2025
See all 30 funders →
Grants paid · 1,105 grants · $1.7B · 2019–2024
Unitemized GrantFY2024$214,393,882
Unitemized GrantFY2024$49,007,108
Unitemized GrantFY2024$17,806,432
Unitemized GrantFY2024$2,598,515
The Howard UniversityDC · FY2024$1,222,938
Innovations for Poverty ActionNY · FY2024$1,193,370
Johns Hopkins UniversityMD · FY2024$697,139
Hackensack Meridian Health INCNJ · FY2024$621,492
Pennsylvania State UniversityFY2024$582,007
Regents Univ of CaliforniaCA · FY2024$526,094
Kaiser Foundation HospitalsCA · FY2024$445,438
See all 1,105 grants →

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024$2.1B revenue · ⤓ 990 PDF
FY2023$1.9B revenue · ⤓ 990 PDF
FY2022$2.0B revenue · ⤓ 990 PDF
FY2021$1.7B revenue · ⤓ 990 PDF
FY2020$1.7B revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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