Lewis University

Analysis

Lewis University is a registered charity in United States, based in Romeoville, IL. It received its IRS tax-exemption ruling in September 1975, 51 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, Lewis University reported income of $189.0m and spending of $182.8m, spending 97% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $166.6m to $189.0m (+13%), an average of +3.2% a year. Over the whole period it spent 97% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Lewis 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 IL. Charities of a similar size with the same main cause include Donorschoose Org ($187.3m), Calvin University ($190.9m) and Franklin & Marshall College ($187.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 6.4% and program service revenue 93% of the total. Compensation of current officers, directors and key employees was $1.7m (0.9% of expenses). Other salaries and wages came to $55.9m. At year end it held assets of $286.7m against liabilities of $91.7m, net assets of $194.9m. It reported 1,902 employees.