Lewis and Clark College

Analysis

Lewis and Clark College is a registered charity in United States, based in Portland, OR. It received its IRS tax-exemption ruling in June 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 May 2023, Lewis and Clark College reported income of $241.4m and spending of $224.3m, spending 93% of its income. Across the 5 years on record, from May 2019 to May 2023, income grew from $200.0m to $241.4m (+21%), an average of +4.8% a year. The sharpest change came in the year to May 2022, when income rose by 17%. 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, Lewis and Clark College 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 OR. Charities of a similar size with the same main cause include Noble Network of Charter Schools ($240.9m), Bryn Mawr College ($241.8m) and Intermediaryed ($240.7m).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 8.6% and program service revenue 83% of the total. Compensation of current officers, directors and key employees was $2.7m (1.2% of expenses). Other salaries and wages came to $57.3m. At year end it held assets of $608.7m against liabilities of $182.6m, net assets of $426.0m. It reported 2,571 employees.