LA Salle University

Analysis

LA Salle University is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in March 1944, 82 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending May 2023, LA Salle University reported income of $127.4m and spending of $140.7m, spending 110% of what it took in. Across the 5 years on record, from May 2019 to May 2023, income fell from $162.2m to $127.4m (-21%), an average of -5.9% a year. Over the whole period it spent 102% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, LA Salle University sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within PA. Charities of a similar size with the same main cause include MC Daniel College Inc ($127.4m), Augustana University Association ($127.9m) and The University of Bridgeport Inc ($127.2m).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 13% and program service revenue 79% of the total. Compensation of current officers, directors and key employees was $3.0m (2.1% of expenses). Other salaries and wages came to $45.6m. At year end it held assets of $247.2m against liabilities of $153.9m, net assets of $93.4m. It reported 1,524 employees.