LEBANON VALLEY COLLEGE
Mission Statement
Lebanon Valley is a private, liberal arts college. Its mission arises directly from its historical traditions and a relationship with the United Methodist Church. The College's aim is to enable our students to become people of broad vision, capable of making informed decisions, and prepared for a life of service to others. To that end, we seek to provide an education that helps students acquire the knowledge, skills, attitudes, and values necessary to live and work in a changing, diverse, and fragile world. Through both curricular and co-curricular activities, we endeavor to acquaint our students with humanity's most significant ideas and accomplishments, to develop their abilities to think logically and communicate clearly, to give them practice in precise analysis and effective performance, and to enhance their sensitivity to and appreciation of differences among human beings. Lebanon Valley College aspires to pursue this mission within a community in which caring and concern for others is a core value. We value strong and nurturing faculty interacting closely with students; encourage individual student development; and affirm the interrelatedness of liberal learning and the ideal of vocation. We regard the cultivation of wisdom that is the capacity of judging rightly in matters of life and conduct, and a lifelong love of learning as the ultimate reward of the educational experience.
Financial Overview — FY 2023
Compared with Peers
FY 2023| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
91.1% | 87.4% |
P10P90
|
Top quarter |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
7.7% | 10.5% |
P10P90
|
Above median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
1.2% | 1.3% |
P10P90
|
Above median |
|
Fundraising efficiency
Fundraising expenses / gross fundraising income
· lower is better
|
3378.0% | 4415.8% |
P10P90
|
Above median |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
20.5 mo | 20.3 mo |
P10P90
|
Above median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
24.1% | 27.0% |
P10P90
|
Above median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
90.8% | 84.6% |
P10P90
|
Below median |
|
Revenue growth
Year over year revenue growth
|
-8.8% | -2.0% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
1.8% | 5.9% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
-1.4% | 1.3% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2023 | $111.5M | $113.0M | $193.2M | 91.1% | 1590 |
| 2022 | $122.2M | $111.1M | $185.4M | 90.6% | 1490 |
| 2021 | $113.6M | $103.4M | N/A | — | 1454 |
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