Lebanese American University

Analysis

Lebanese American University is a registered charity in United States, based in Princeton, NJ. It received its IRS tax-exemption ruling in January 1964, 62 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 August 2023, Lebanese American University reported income of $236.1m and spending of $229.7m, spending 97% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $229.6m to $236.1m (+2.8%), an average of +0.7% a year. The sharpest change came in the year to August 2021, when income rose by 16%. 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, Lebanese American 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 NJ. Charities of a similar size with the same main cause include Clarkson University ($233.4m), Hillsborough County School Readiness Coalition Inc ($238.8m) and National Geographic Society ($232.0m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 11% and program service revenue 76% of the total. Compensation of current officers, directors and key employees was $10.4m (4.5% of expenses). Other salaries and wages came to $37.9m. At year end it held assets of $1.21bn against liabilities of $49.9m, net assets of $1.16bn. It reported 152 employees.