Executive Compensation at Drexel University (2021)
Drexel University is a private research university in Philadelphia, PA (although there are satellite campuses) with about 24,000 students (an estimated 15,000 undergraduate students and 9,000 graduate students). The annual cost of tuition, room and board (undergraduate) is about $76,000.
In 2021, Drexel reported total revenue of $1.2 billion (compared to $1.3 billion in 2020) with the largest sources being tuition and fees ($966 million), government grants ($162 million), related organizations ($41 million) and contributions, gifts ,and grants ($39 million).
Expenses totaled $1.2 billion (not including $49 million in depreciation) with the largest expenses reported to be compensation-related ($494 million), grants ($426 million) – primarily to individuals ($403 million to 23,533 or an average of $17,000 each), office-related ($132 million), and fees ($59 million) – primarily other expenses of $50 million with no detail provided). Read more 
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