Liberty University Inc

Organization Overview

Liberty University Inc is located in Lynchburg, VA. The organization was established in 1974. According to its NTEE Classification (B43) the organization is classified as: Universities, under the broad grouping of Education and related organizations. As of 06/2021, Liberty University Inc employed 11,573 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Liberty University Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 06/2021, Liberty University Inc generated $1.5b in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 6.1% each year. All expenses for the organization totaled $1.2b during the year ending 06/2021. While expenses have increased by 5.5% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Since 2015, Liberty University Inc has awarded 84 individual grants totaling $13,489,710. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990T Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

LIBERTY UNIVERSITY, INC. IS A DISTINCTIVELY CHRISTIAN ACADEMIC COMMUNITY, WITH A MISSION OF PROVIDING QUALITY COLLEGIATE EDUCATION TRAINING CHAMPIONS FOR CHRIST.

Describe the Organization's Program Activity:

INSTRUCTION OF APPROXIMATELY 128,656 STUDENTS IN UNDERGRADUATE, GRADUATE AND DOCTORAL PROGRAMS FOR BOTH THE ONLINE AND RESIDENTIAL PROGRAMS. SCHOLARSHIPS, GRANTS AND OTHER FINANCIAL ASSISTANCE ARE AWARDED TO ELIGIBLE STUDENTS BASED ON PROGRAM CRITERIA, WHICH INCLUDED SCHOLASTIC MERIT, ATHLETIC EXCELLENCE, ARTISTIC PERFORMANCE, FINANCIAL NEED, HIGH SCHOOL ATTENDED AND FIELD WORKED.


LIBERTY UNIVERSITY MAINTAINS A CAMPUS BOOKSTORE, HOUSING AND DINING FACILITIES, TRANSPORTATION SERVICES, ATHLETIC FACILITIES, BROADCASTING FACILITIES AND OTHER SUPPORT SERVICES AND FACILITIES ADDING TO THE STUDENT EXPERIENCE.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Google Inc
Admissions Lead Gen.
$25,970,547
Construction Management Associates
Construction
$27,045,962
Sodexo Inc Affiliates-liberty Uni
Food Service
$23,388,878
James R Vannoy Sons Constn Co In
Construction
$10,439,829
Hms Holdings Ltp Hendrick Motorspo
Branding Initiative
$5,780,268
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$30,000
Government grants $33,622,310
All other contributions, gifts, grants, and similar amounts not included above$10,800,343
Noncash contributions included in lines 1a–1f $444,077
Total Revenue from Contributions, Gifts, Grants & Similar$44,452,653
Total Program Service Revenue$1,407,719,569
Investment income $16,206,610
Tax Exempt Bond Proceeds $0
Royalties $318,462
Net Rental Income -$2,449,567
Net Gain/Loss on Asset Sales $42,760,645
Net Income from Fundraising Events $13,892
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $1,515,953,706

Grants Awarded

Over the last fiscal year, Liberty University Inc has awarded $1,134,141 in support to 14 organizations.

Grant RecipientAmount

SAMARITAN'S PURSE

Org PageRecipient Profile

Boone, NC

PURPOSE: supportive christian organization

$200,050

HOPE PARTNERS INTERNATIONAL

Org PageRecipient Profile

St Petersburg, FL

PURPOSE: supportive christian organization

$200,000

CENTRAL MISSIONARY CLEARINGHOUSE

Org PageRecipient Profile

Houston, TX

PURPOSE: global surge efforts

$160,000

TIM LEE MINISTRIES

Org PageRecipient Profile

Garland, TX

PURPOSE: supportive christian organization

$100,000

JERRY VINES MINISTRIES

Org PageRecipient Profile

Canton, GA

PURPOSE: supportive christian organization

$100,000

HILLSIDE BAPTIST CHURCH

PURPOSE: Dr Jack Baskin initiative

$68,200
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 7 grants that Liberty University Inc has recieved totaling $73,942.

Awarding OrganizationAmount
Tazewell Community Foundation

Tazewell, VA

PURPOSE: EDUCATIONAL

$54,030
Champion For Christ Foundation Inc

Greenville, SC

PURPOSE: TO SUPPORT THE COST AND EXPENSES OF HIGHER LEARNING

$7,500
Naphcare Charitable Foundation

Birmingham, AL

PURPOSE: COLLEGE SCHOLARSHIP FOR SAMUEL BODINE

$4,412
Gerald F Smith Scholarship Foundati On

Winchester, VA

PURPOSE: SCHOLARSHIP

$2,500
Clarence H Martin Trust Scholarship Fund

Dallas, TX

PURPOSE: SCHOLARSHIP FBO KATE MURPHY

$2,500
Dorothy Maes Tr Uw 05-025-2148000

Dallas, TX

PURPOSE: SCHOLARSHIP

$2,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$1,714,462,564
Earnings$225,222,906
Net Contributions$216,931,978
Other Expense$18,852
Ending Balance$2,156,598,596

Peer Organizations

Organization NameAssets
Howard University
Washington, DC
$1,025,632,000
American University
Washington, DC
$862,369,744
Wake Forest University
Winstonsalem, NC
$681,736,258
University Of Richmond
Richmond, VA
$713,801,637
Belmont University
Nashville, TN
$464,356,154
Catholic University Of America
Washington, DC
$334,648,312
Elon University
Elon, NC
$374,224,853
Loyola University Maryland Inc
Baltimore, MD
$288,447,259
Campbell University Inc
Buies Creek, NC
$263,777,466
Lipscomb University
Nashville, TN
$216,257,194
Gallaudet University
Washington, DC
$202,751,628
Hampton University
Hampton, VA
$270,327,094

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