Charity Search / LOURDES UNIVERSITY
Education (B420) IRS Verified DX Registered 990 on File

LOURDES UNIVERSITY

EIN: 34-1226547 · SYLVANIA, OH 43560-4805 · United States · FY 2023 Data
3 out of 5 56 / 100 Based on 2+ years of filings
Financial strength (30%) 69/100
Reliability (20%) 55/100
Effectiveness (25%) 97/100
Impact (25%) No data yet
Financial data: FY 2023 · Scored 9/13/2026
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Mission Statement

Lourdes University, rooted in Catholic and Franciscan traditions, provides a values-centered education that enriches lives and advances academic excellence through the integration of the liberal arts and professional studies. GUIDING PRINCIPLES In support of this mission, Lourdes University: Nurtures a diverse community that supports students in fulfilling their potential. Commits to the engagement of faith and reason, inspired by our Catholic and Franciscan intellectual traditions. Provides a holistic, student-centered education, rooted in the liberal arts that prepares individuals for meaningful careers and lifelong learning. Fosters personal integrity, ethical understanding, social responsibility, care for all of creation, and a commitment to community service. LEARNING OUTCOMES The Mission Statement, Guiding Principles, and our Core Franciscan Values express Lourdes' purpose and identity. To ensure the realization of this vision, Lourdes' has articulated observable and measurable learning outcomes. To be understood correctly and appreciated fully, the learning outcomes must be interpreted in light of the complete texts of the Mission, Guiding Principles and Core Franciscan Values. Lourdes University believes that a college education includes sufficient breadth in the liberal arts and sufficient depth in an area of specialization to prepare graduates who will be recognized as educated persons and prepared for meaningful work and/or graduate study. The learning outcomes describe the competencies graduates achieve through their life and study at Lourdes.

Financial Overview — FY 2023
$37.0M
Total Revenue
$42.5M
Total Expenses
$22.3M
Net Assets
609
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 79.1%
Fundraising Efficiency 5607.7%
Operating Reserve 6.30x
Liability-to-Asset 45.8%
Revenue Diversification 73.9%
Executive Compensation $1.2M
Compared with Peers
FY 2023
Compared with 3,578 similar organizations (United States, Education, $10M–$100M in expenses), FY 2023.
This organization Middle half of peers (P25–P75) Peer median
Ratio This org Peer median Position (P10 → P90)
Program expense ratio
Program expenses / total expenses · higher is better
79.1% 84.4%
P10P90
Below median
Admin expense ratio
Management and general / total expenses · lower is better
18.5% 13.5%
P10P90
Below median
Fundraising expense ratio
Fundraising expenses / total expenses · lower is better
2.3% 0.7%
P10P90
Below median
Fundraising efficiency
Fundraising expenses / gross fundraising income · lower is better
5607.7% 631.2%
P10P90
Bottom quarter
Operating reserve
Months of expenses covered by net assets · higher is better
6.3 mo 10.9 mo
P10P90
Below median
Liabilities to assets
Total liabilities / total assets · lower is better
45.8% 34.2%
P10P90
Below median
Revenue concentration
Share of revenue from the largest source · lower is better
73.9% 87.3%
P10P90
Top quarter
Revenue growth
Year over year revenue growth
-8.2% 4.8%
P10P90
Expense growth
Year over year expense growth
-1.2% 8.5%
P10P90
Surplus margin
Surplus as a share of revenue
-14.9% 2.7%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2023 $37.0M $42.5M $22.3M 79.1% 609
2022 $40.2M $43.0M $25.2M 87.4% 569
2021 $38.6M $41.2M N/A — 569
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Organization Details
EIN
34-1226547
State
OH
City
SYLVANIA
ZIP
43560-4805
Classification
B420
Category
Education
Rating
3★
Coverage
A
Last Updated
Aug 2026
IRS Ruling Year
1958
Foundation Code
11
Form 990
On File
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