Lehigh University

Analysis

Lehigh University is a registered charity in United States, based in Bethlehem, PA. It received its IRS tax-exemption ruling in April 1938, 88 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 June 2023, Lehigh University reported income of $695.4m and spending of $633.3m, spending 91% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $550.3m to $695.4m (+26%), an average of +6.0% a year. The sharpest change came in the year to June 2022, when income rose by 21%. Over the whole period it spent 91% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Lehigh University sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 100th percentile, and in the 100th percentile within PA. Charities of a similar size with the same main cause include McPherson College ($690.6m), Creighton University ($695.4m) and Wake Forest University ($686.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 14% and program service revenue 64% of the total. Compensation of current officers, directors and key employees was $4.8m (0.8% of expenses). Other salaries and wages came to $202.0m. It paid $77k in professional fundraising fees. At year end it held assets of $3.13bn against liabilities of $685.0m, net assets of $2.44bn. It reported 1,812 employees.