Loyola University
88% goes to programs $26 to raise $100 Strong reserves
Loyola University is a 501(c)(3) organization based in New Orleans, Louisiana, registered in 1946, with $216,803,772 in FY2023 revenue. CharityIndex grades it A, and it directs about 88% of spending to programs.
6363 Saint Charles Ave, New Orleans, LA, 70118 EIN 72-0408946 Since 1946
Revenue (FY2023)
$216.8M
▲ 3.6% vs prior year
Education median: $200K
Expenses (FY2023)
$221.6M
Net assets
$339.9M
Employees
2,164
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A
AProgram efficiency40% of the rating88% to programs · $26 to raise $100
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. For Loyola University: 88% to programs · $26 to raise $100 earns a A on this criterion. See the exact thresholds →
B+Financial health25% of the rating18 mo reserves · -2% margin
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 Loyola University: 18 mo reserves · -2% margin earns a B+ on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
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. For Loyola University: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
A+Transparency10% of the rating5 of 5 disclosure signals
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 Loyola University: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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Mission
Loyola university new orleans, a jesuit and catholic institution of higher education, welcomes students of diverse backgrounds and prepares them to lead meaningful lives with and for others; to pursue truth, wisdom, and virtue; and to work for a more just world. inspired by ignatius of loyola's vision of finding god in all things, the university is grounded in the liberal arts and sciences, while also offering opportunities for professional studies in undergraduate and selected graduate programs. through teaching, research, creative activities, and service, the faculty, in cooperation with the staff, strives to educate the whole student and to benefit the larger community.
What they do
Higher education: auxiliary enterprises - operation of the student center, recreational complex, parking garages and residence halls (4 enterprises)
Higher education: interest on indebtedness (4 bond issues) for construction of academic buildings and other building uses in education of college students.
Contact & location
- Address
- 6363 Saint Charles Ave, New Orleans, LA, 70118
- City
- New Orleans
- State
- Louisiana
- Category
- Education
- Subcategory
- Colleges & Universities
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $205.7M (FY2013) to $216.8M (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $369.0MNet assets $339.9M
Operating margin
-2.2%
Spent more than it raised in the latest fiscal year.
Total assets
$708.9M
Total liabilities
$369.0M
Net assets
$339.9M
Salaries & benefits
$66.4M
30% of expenses
Board members
27
25 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $216,803,772▲3.6% | $221,574,141▲5.9% | $339,894,351▲2.9% | $708,940,262▲3.5% | 990 |
| 2022 | $209,192,889▼1.3% | $209,138,590▲1.7% | $330,173,233▲2.8% | $685,229,721▲26.5% | 990 |
| 2021 | $211,887,950▲9.6% | $205,626,594▲7.9% | $321,083,000▼5.0% | $541,656,000▼3.7% | 990 |
| 2020 | $193,330,679▲7.0% | $190,525,142▲5.3% | $337,976,797▲11.3% | $562,509,416▲10.8% | 990 |
| 2019 | $180,729,254▼2.2% | $180,919,967▲6.0% | $303,757,731▼1.0% | $507,723,751▼1.6% | 990 |
| 2018 | $184,778,823▲7.3% | $170,748,742▼0.8% | $306,783,526▼2.2% | $515,765,291▼2.2% | 990 |
| 2017 | $172,283,157▲15.0% | $172,062,909 | $313,755,230▼0.8% | $527,596,180▲0.2% | 990 |
| 2016 | $149,764,395▼2.2% | $172,102,719▼2.4% | $316,402,853▼9.6% | $526,559,245▼7.1% | 990 |
| 2015 | $153,102,833▼13.7% | $176,402,282▲0.6% | $350,022,722▼8.3% | $566,796,378▼4.9% | 990 |
| 2014 | $177,342,595▼13.8% | $175,278,704▼3.4% | $381,602,385▼2.2% | $595,821,058▼1.6% | 990 |
| 2013 | $205,690,025 | $181,368,899▼5.8% | $390,068,131▲0.8% | $605,719,061▲0.4% | 990 |
| 2012 | — | $192,459,695▲5.2% | $386,870,165▲7.3% | $603,280,995▲4.5% | 990 |
| 2011 | — | $182,985,072▲10.4% | $360,588,098▼4.3% | $577,564,371▲24.0% | 990 |
| 2010 | — | $165,812,009▲5.0% | $376,636,820▲6.1% | $465,746,622▲4.1% | 990 |
| 2009 | — | $157,934,375 | $354,917,220 | $447,315,654 | 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.
Leadership & compensation (FY2023)
Highest-paid: Xavier Cole — $374,654 (0.17% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Xavier Cole | President | 40 | $374,654 |
| Carol Markowitz | Svp of Finance/chief Operating Officer | 40 | $365,428 |
| Jeffrey Daffron Sj | Interim President/interim Provost | 40 | $345,000 |
| Madeleine Landrieu | Dean College of Law | 40 | $311,431 |
| Michael Capella | Dean College of Business | 40 | $309,658 |
| Michelle Collins | Dean College of Nursing and Health | 40 | $257,748 |
| Paul Cesarini | Dean Online & City College | 40 | $240,763 |
| Maria Lopez Pabon | Professor of Law | 40 | $223,209 |
| Maria Calzada | Dean, College of Arts and Sciences | 40 | $198,729 |
| Robert Verchick | Professor of Law | 40 | $195,125 |
| Christopher Wiseman | Vice President University Advancement | 40 | $195,122 |
| Mary Algero | Professor of Law | 40 | $194,709 |
| Sharonda Williams | Vice President, General Counsel and Director of Government Affairs | 40 | $194,025 |
| Tanuja Singh | Provost | 40 | $187,192 |
| Gustavo Barboza | Professor, College of Business | 40 | $180,253 |
| Sheryl Kennedy Haydel | Interim Dean, College of Music and Media | 40 | $152,242 |
| Benjamin Fields | Board Member | 1 | — |
| Brian Dunkle Sj | Board Member | 1 | — |
| Dennis Lauscha | Board Member | 1 | — |
| Duke Williams | Board Member | 1 | — |
Top vendors & contractors (FY2023)
| Contractor | Services | Paid |
|---|---|---|
| Sodexo Inc and Affiliates | Food Service | $8,817,115 |
| Woodward Design and Build | Construction | $5,299,378 |
| Eskew Dumez Ripple | Architect | $3,442,637 |
| The Mapp Group | Construction | $2,632,242 |
| Beinert Roofing Commercial Division LLC | Roofing | $1,586,723 |
Grants received · $9.9M total
148 grants to Loyola University totaling $9.9M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Ascendium Education Solutions Inc | Travel grant - higher education in prison grantee convening al grant, identifying and scaling programmatic technical assistance resources in higher education in prison grant, jesuit prison education grant, examining education pathways for rural prison employees | 2024 | $781,050 |
| Lettie Pate Whitehead Foundation Inc | For general scholarship support. | 2024 | $254,000 |
| The Greater New Orleans Foundation | Education | 2024 | $231,057 |
| Proteus Fund Inc | Rights & justice | 2024 | $75,000 |
| Denver Foundation | Universities | 2024 | $50,000 |
| American Online Giving Foundation Inc | General support | 2024 | $23,617 |
| Morgan Stanley Global Impact Funding Trust Inc | Unrestricted general support | 2024 | $22,500 |
| Silicon Valley Community Foundation | Education | 2024 | $20,000 |
| Charities Aid Foundation America | Charitable donation | 2024 | $19,708 |
| Ochsner Clinic Foundation | General assistance | 2024 | $13,395 |
| Morgan Stanley Global Impact Funding Trust Inc | Unrestricted general support | 2024 | $10,000 |
| Impactassets Inc | General support | 2024 | $10,000 |
| Jewish Communal Fund | In furtherance of grantee's tax-exempt purpose | 2024 | $7,500 |
| Greater Washington Community Foundation | Scholarship | 2024 | $7,000 |
| The Greater New Orleans Foundation | Education | 2023 | $677,909 |
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Compare Loyola University
Frequently asked questions
- Is Loyola University a legitimate nonprofit?
- Yes. Loyola University is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 72-0408946, based in New Orleans, Louisiana. Donations are tax-deductible.
- What is Loyola University's EIN?
- Loyola University's Employer Identification Number (EIN) is 72-0408946.
- How much revenue does Loyola University report?
- Loyola University reported $216,803,772 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of Loyola University's spending goes to programs?
- Loyola University spends about 88% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Loyola University have?
- CharityIndex grades Loyola University A, based on program efficiency and fundraising cost.
- How much does Loyola University's highest-paid employee make?
- The highest reported compensation on Loyola University's latest Form 990 is $374,654, paid to Xavier Cole (President).
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Data for Loyola University (EIN 72-0408946) 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.