990 Scout/ Luther College/ Financials

Financial Information for Luther College

Luther College's annual revenue was $120.8M in tax year 2024, reported on their IRS Form 990. They spent $118.5M in total expenses. 89% went to programs and services.

Financial Breakdown

What is Luther College's total annual expenses?

Luther College spent $118.5M in tax year 2024, according to their IRS Form 990 filing.

How much of Luther College's budget goes to programs?

Luther College spent $105.4M (89% of expenses) on programs and services in tax year 2024.

How much does Luther College spend on overhead?

Luther College's overhead in tax year 2024 includes administrative (8%) and fundraising (3%) of their expenses.

What is Luther College's net worth?

Luther College had net assets of $304.3M as of the end of tax year 2024.

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All figures are reported on the organization's IRS Form 990 filing and are public record. Revenue and expense data come from Form 990 Part I, and asset data comes from the balance sheet section. These are filed amounts as reported by the organization.