Lubbock Christian University

Analysis

Lubbock Christian University is a registered charity in United States, based in Lubbock, TX. It received its IRS tax-exemption ruling in December 1956, 70 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, Lubbock Christian University reported income of $53.3m and spending of $49.3m, spending 92% of its income. Across the 4 years on record, from June 2019 to June 2023, income fell from $55.0m to $53.3m (-3.0%), an average of -1.0% a year. Over the whole period it spent 92% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Lubbock Christian University sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within TX. Charities of a similar size with the same main cause include Thiel College ($53.3m), Haverford School ($53.3m) and California University of Science and Medicine ($53.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 23% and program service revenue 71% of the total. Compensation of current officers, directors and key employees was $407k (0.8% of expenses). Other salaries and wages came to $15.4m. At year end it held assets of $128.0m against liabilities of $28.7m, net assets of $99.2m. It reported 921 employees.