Education
(B430)
IRS Verified
DX Registered
990 on File
THE LUTHERAN UNIVERSITY ASSOCIATION INC
Financial strength (30%)
69/100
Reliability (20%)
70/100
Effectiveness (25%)
88/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Mission Statement
Educates academically able students from diverse cultural and geographical backgrounds. It provides them with comprehensive services and support their learning and growth in a residential setting by promoting physical, emotional, and spiritual health.
Financial Overview — FY 2023
$165.5M
Total Revenue
$189.1M
Total Expenses
$449.6M
Net Assets
2216
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
94.1%
Fundraising Efficiency
N/A
Operating Reserve
28.53x
Liability-to-Asset
26.6%
Revenue Diversification
84.2%
Executive Compensation
$3.3M
Compared with Peers
FY 2023
Compared with 607 similar organizations
(United States, Education, $100M and over 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
|
94.1% | 87.4% |
P10P90
|
Top quarter |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
4.4% | 10.5% |
P10P90
|
Top quarter |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
1.5% | 1.3% |
P10P90
|
Below median |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
28.5 mo | 20.3 mo |
P10P90
|
Above median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
26.6% | 27.0% |
P10P90
|
Above median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
84.2% | 84.6% |
P10P90
|
Above median |
|
Revenue growth
Year over year revenue growth
|
-15.0% | -2.0% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
-8.3% | 5.9% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
-14.3% | 1.3% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2023 | $165.5M | $189.1M | $449.6M | 94.1% | 2216 |
| 2022 | $194.7M | $206.3M | $466.9M | 94.8% | 2126 |
| 2021 | $197.9M | $189.3M | N/A | — | 2315 |
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