Xavier University of Louisiana

Analysis

Xavier University of Louisiana is a registered charity in United States, based in New Orleans, LA. It received its IRS tax-exemption ruling in March 1946, 80 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, Xavier University of Louisiana reported income of $155.4m and spending of $156.6m, spending 101% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $126.4m to $155.4m (+23%), an average of +5.3% a year. The sharpest change came in the year to June 2021, when income rose by 32%. Over the whole period it spent 94% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Xavier University of Louisiana 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 100th percentile, and in the 99th percentile within LA. Charities of a similar size with the same main cause include Arcadia University ($155.4m), Education Loan Finance Inc ($155.5m) and Educational Corporation Mukogawa Gakuin ($155.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 44% and program service revenue 50% of the total. Compensation of current officers, directors and key employees was $3.6m (2.3% of expenses). Other salaries and wages came to $55.0m. It paid $254k in professional fundraising fees. At year end it held assets of $475.2m against liabilities of $41.9m, net assets of $433.3m. It reported 1,732 employees.