990 Scout/ Lipscomb University/ Financials

Financial Information for Lipscomb University

Lipscomb University's annual revenue was $272.1M in tax year 2024, reported on their IRS Form 990. They spent $254.9M in total expenses. 84% went to programs and services.

Financial Breakdown

What is Lipscomb University's total annual expenses?

Lipscomb University spent $254.9M in tax year 2024, according to their IRS Form 990 filing.

How much of Lipscomb University's budget goes to programs?

Lipscomb University spent $213.5M (84% of expenses) on programs and services in tax year 2024.

How much does Lipscomb University spend on overhead?

Lipscomb University's overhead in tax year 2024 includes administrative (15%) and fundraising (1%) of their expenses.

What is Lipscomb University's net worth?

Lipscomb University had net assets of $235.7M 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.