Logo for "Lenoir-Rhyne University"

Lenoir-Rhyne University

Lenoir-Rhyne University

Hickory, NC, US
501(c)(3)
EIN
56-0556753
School
Logo for "Lenoir-Rhyne University"

Lenoir-Rhyne University

Hickory, NC, US
501(c)(3)
EIN
56-0556753
School

Overview

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Est.

1905

Fiscal Year Start

Jun 1

Organization Type

Grantseeker
AI Summary
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Lenoir-Rhyne University is a nonprofit organization focused on undergraduate and university education, operating with an annual budget of $62.9 million and total revenue of $83.7 million for the fiscal year 2024. The institution's mission is detailed in its Schedule O, and it receives funding from multiple sources, with no single funder contributing 50% or more of its revenue. For more information, visit their website at www.lr.edu.

Mission Statement

SEE SCHEDULE O
Revenues

$83.7M

Expenses

$90.1M

Net Income:
-$6.4M
Assets

$291.4M

Liabilities

$75.9M

Net Assets:
+$215.4M
Operating Budget

$62.9M

Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants

31

Median grant size
$19.2K
Largest grant received
$250K
D
DR Frederick K Whitt
Board Member
M
MS Katherine B Esch
Board Member
B
Boyd C Wilson
Board Member

Frequently Asked Questions

What is Lenoir-Rhyne University’s budget?
In 2024, Lenoir-Rhyne University reported an annual operating budget of around $62.9 million. More detailed financial information is available to registered users.
What causes does Lenoir-Rhyne University support?
Lenoir-Rhyne University supports work in University education and Undergraduate education.
Where does Lenoir-Rhyne University operate?
Lenoir-Rhyne University is headquartered in Hickory, NC.
Who funded Lenoir-Rhyne University recently?
In 2025, Lenoir-Rhyne University received grants from CHARLES A CANNON TRUST NO 1, O LEONARD MORETZ FDN TUA, and THE BOLICK FOUNDATION. More information on this organization’s funders is available to registered users.
What is the largest grant Lenoir-Rhyne University received in 2024?
The largest grant to Lenoir-Rhyne University in 2024 exceeds $250 thousand.
What is Lenoir-Rhyne University’s reliance on government grants?
Lenoir-Rhyne University relied on government grants for less than 5% of their total revenue in 2024.
Overview
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