Lourdes University is a 501(c)(3) organization based in Sylvania, Ohio, registered in 1946, with $35,036,810 in FY2023 revenue. CharityIndex grades it C+.
Revenue (FY2023)
$35.0M
▼ 5.2% vs prior year
Education median: $200K
Expenses (FY2023)
$39.8M
Net assets
$20.1M
Employees
—
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Lourdes University— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Lourdes University: 6 mo reserves · -14% margin earns a C+ on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Lourdes University— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Lourdes University: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue declined from $37.0M (FY2013) to $35.0M (FY2023) across 11 reported years.
Financial snapshot
Operating margin
-13.6%
Spent more than it raised in the latest fiscal year.
Total assets
$38.2M
Total liabilities
$18.1M
Net assets
$20.1M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $35,036,810▼5.2% | $39,790,627▼6.3% | $20,061,514▼10.0% | $38,209,529▼7.2% | 990 |
| 2022 | $36,951,085▼8.2% | $42,468,081▼1.2% | $22,298,120▼11.5% | $41,164,892▼9.1% | 990 |
| 2021 | $40,243,776▲4.3% | $42,972,256▲4.2% | $25,206,365▼16.6% | $45,294,927▼15.3% | 990 |
| 2020 | $38,568,950▲0.4% | $41,249,095▲6.1% | $30,205,844▼0.2% | $53,479,369▲1.2% | 990 |
| 2019 | $38,396,761▲5.3% | $38,860,819▲5.4% | $30,275,783▼1.7% | $52,843,278▼9.2% | 990 |
| 2018 | $36,466,425▲4.9% | $36,871,464▲3.3% | $30,791,229▼0.6% | $58,227,938▲0.1% | 990 |
| 2017 | $34,768,159▼10.6% | $35,701,329▲2.7% | $30,964,795▼1.5% | $58,153,146▼2.5% | 990 |
| 2016 | $38,891,349▲21.7% | $34,773,208▲5.4% | $31,441,327▲18.0% | $59,672,766▲2.5% | 990 |
| 2015 | $31,954,526▼1.9% | $33,007,303▼5.4% | $26,647,203▼6.2% | $58,198,506▲4.4% | 990 |
| 2014 | $32,566,574▼12.0% | $34,874,617▲1.3% | $28,420,364▼10.3% | $55,733,659▼3.1% | 990 |
| 2013 | $37,002,020 | $34,422,801▼3.7% | $31,669,744▲10.3% | $57,500,873▲9.1% | 990 |
| 2012 | — | $35,753,476▲20.9% | $28,712,535▲27.2% | $52,702,524▲19.4% | 990 |
| 2010 | — | $29,581,264▲18.4% | $22,580,636▲13.0% | $44,136,417▲14.5% | 990 |
| 2009 | — | $24,988,266 | $19,977,877 | $38,539,486 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
44 grants to Lourdes University totaling $2.1M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Toledo Community Foundation | Annual support for scholarships, youth, lourdes, athletics, ministry, and like me. | 2024 | $108,100 |
| American Online Giving Foundation Inc | General support | 2024 | $6,000 |
| Toledo Community Foundation | The labre program; annual distribution to the gary pfotenhauer nursing scholarship fund; scholarships for nursing education | 2023 | $108,663 |
| National Philanthropic Tr | Human services | 2023 | $50,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2023 | $12,000 |
| American Online Giving Foundation Inc | General support | 2023 | $8,375 |
| Donor Advised Charitable Giving | Education | 2023 | $8,000 |
| Toledo Community Foundation | Mary sabin scholarship fund, gary pfotenhauer nursing scholarship fund, scholarship support for nursing education , fueling a teacher of color pipeline, general support, athletic fund , 2022 annual fund, campus ministry fill the freezer event january 2023, mary sabin scholarship, grant from welltower for the like me program | 2022 | $157,491 |
| Promedica Health System Inc | Support operations | 2022 | $102,500 |
| National Philanthropic Tr | Education | 2022 | $25,000 |
| Donor Advised Charitable Giving | Education | 2022 | $10,050 |
| Toledo Community Foundation | Annual fundraiser support, fueling a teacher of color pipeline, day of giving (5-6-2021), competency based education, year end appeal, like me, 2021 annual fund, general support, teacher pipeline project, lourdes magliochetti leadership summit table sponsorship-2021, special education masters program, teacher of color program, campus ministryfill the freezer event | 2021 | $111,223 |
| National Philanthropic Tr | Education | 2021 | $15,000 |
| Bon Secours Mercy Health Foundation | Program support | 2021 | $10,000 |
| Mclaren St Lukes | Charitable donation | 2021 | $10,000 |
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Data for Lourdes University (EIN 34-1226547) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.