LA Sierra University
Analysis
LA Sierra University is a registered charity in United States, based in Riverside, CA. It received its IRS tax-exemption ruling in April 1947, 79 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending June 2023, LA Sierra University reported income of $72.3m and spending of $75.1m, spending 104% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $82.3m to $72.3m (-12%), an average of -3.2% a year. Over the whole period it spent 96% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, LA Sierra University sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within CA. Charities of a similar size with the same main cause include Lycoming College ($72.2m), Northstar Education Finance Inc ($72.6m) and Touro University Nevada ($72.1m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 16% and program service revenue 76% of the total. Compensation of current officers, directors and key employees was $623k (0.8% of expenses). Other salaries and wages came to $24.7m. At year end it held assets of $207.6m against liabilities of $26.3m, net assets of $181.3m. It reported 1,233 employees.
Income and spending
Where the income comes from
- Contributions & grants 16%
- Program services 76%
- Other 7.7%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Lycoming College | Williamsport | $72.2m |
| Northstar Education Finance Inc | Eden Prairie | $72.6m |
| Touro University Nevada | Drive Henderson | $72.1m |
| Ave Maria University Inc | Ave Maria | $72.6m |