Lausanne Collegiate School

Analysis

Lausanne Collegiate School is a registered charity in United States, based in Memphis, TN. It received its IRS tax-exemption ruling in February 1955, 71 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, Lausanne Collegiate School reported income of $27.0m and spending of $25.8m, spending 96% of its income. Across the 5 years on record, from May 2019 to May 2023, income grew from $22.3m to $27.0m (+21%), an average of +4.8% a year. The sharpest change came in the year to May 2022, when income rose by 24%. 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, Lausanne Collegiate School sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within TN. Charities of a similar size with the same main cause include Great Valley Academy ($26.9m), Battle Ground Academy of Franklin Tennessee ($27.0m) and Hui Huliau ($26.9m).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 2.1% and program service revenue 97% of the total. Compensation of current officers, directors and key employees was $669k (2.6% of expenses). Other salaries and wages came to $10.6m. At year end it held assets of $29.1m against liabilities of $4.2m, net assets of $24.8m. It reported 254 employees.