B — EducationEIN: 560556753

Lenoir-rhyne University

Hickory, North Carolina

B+Health Score
73B+

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Good

How This Organization Compares

Compared to 73 peers in Education with $10M-$100M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org2.13×
Peer Median9.48×
💰
$98.6M
Total Revenue
📊
$100.0M
Total Expenses
🏦
$213.4M
Net Assets
📋
$77.9M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-18.0%
Year-over-year change (2022 → 2023)
Net Margin
-1.4%
Revenue minus expenses as % of revenue
Working Capital Ratio
2.13
Net assets divided by total expenses
Liabilities-to-Assets
26.7%
Total liabilities as % of total assets

Filing History

12 filings on record
YearRevenueExpensesAssets
2023$98,592,040↓18%$100,020,015↑4%$291,244,186↑8%
2022$120,230,846↑19%$95,782,413$270,721,083↑8%
2021$101,403,823$95,486,920$251,750,614↑12%
2020$101,456,127$95,813,092↑4%$224,343,491↑2%
2019$101,646,884↑15%$92,278,422↑10%$218,883,870↑2%
2018$88,182,413↑4%$84,135,836↑3%$215,447,826↑6%
2017$84,489,679↑13%$81,608,952↑12%$203,913,956↑13%
2016$74,943,169↑12%$72,573,064↑9%$179,788,482
2015$66,893,706↑5%$66,542,778↑8%$180,492,722↓1%
2014$63,919,765↑4%$61,740,413↑4%$181,502,901↑4%
2013$61,316,727↑7%$59,216,115↑5%$174,420,190↑39%
2012$57,253,220$56,195,327$125,408,486

Frequently Asked Questions

What does Lenoir-rhyne University do?▼

Lenoir-rhyne University is a education nonprofit organization based in North Carolina. It is classified under NTEE code B420 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Lenoir-rhyne University financially healthy?▼

Based on our 9-metric Financial Health Score model, Lenoir-rhyne University has a score of 73/100 (Grade: B+). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Lenoir-rhyne University generate?▼

Lenoir-rhyne University reports $83.7M in annual revenue and holds $291.4M in total assets, based on IRS filings.

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