Louisburg College
Louisburg College reported $16.9 million in revenue and $16.9 million in expenses for the fiscal year ending May 31, 2025. Of every $100 it spent, $74.64 went to program services, $24.37 to management and general costs and $0.99 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 87.0% of the total. The highest compensation it reported for one person was $255,762 (PRESIDENT). 1 person received more than $100,000 in reportable compensation. Revenue fell 5% between FY2020 and FY2025. Source: Form 990, FY2025.
Where $100 of spending went
The fiscal year ending May 31, 2025 · Form 990, Part IX, line 25 · total expenses $17MFor context, the median across 5,499 covered education charities: $85.56 programs, $13.59 management, $0.85 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
The fiscal year ending May 31, 2025 · Form 990, Part VIII · total revenue $17MThe 990 scorecard · same measures for every charity, no grades
| Measure | FY2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 74.6% | 84.4% |
| Management & general Part IX 25(C) ÷ 25(A) | 24.4% | 13.4% |
| Fundraising Part IX 25(D) ÷ 25(A) | 1.0% | 0.8% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.17 | $0.04 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 5.7% | 19.1% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 0.5% | 1.1% |
| Program service revenue share Part VIII 2g ÷ 12 | 87.0% | 69.9% |
| Highest reported compensation Part VII-A, columns D–F | $255,762 | $331,578 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 1.51% | 1.28% |
| People paid over $100,000 Part VII, line 2 | 1 | 8 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 18.8 | 13.3 |
| Independent voting board members Part VI 1a–1b | 25 of 26 | 100.0% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
FY2025 · Form 990, Part III · the three largest programs by expenseLouisburg College continues to admit an increasing number of students with higher gpa averages. Confirmation of louisburg's success in preparing students for the next steps in their collegiate careers is evidenced by the college's course completion rate and the number of students who transfer to four year institutions. The college's current course completion rate is 77%. Over the past few years, at least 80% of the college's graduates have transferred to four-year colleges and universities
Highest reported compensation
FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| PRESIDENT Officer, 40.00 hrs/week | $232,007 | $0 | $23,755 | $255,762 |
1 people received more than $100,000 in reportable compensation from Louisburg College (Part VII, line 2). Compensation of current officers, directors and key employees totaled $266K (Part IX, line 5).
6 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b26 · 25 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13Yes
- Document retention policy Part VI 14No
- Independent process for top executive pay Part VI 15aYes
- Board given the 990 before filing Part VI 11aYes
- Family or business ties among insiders Part VI 2No
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26No
- Lobbying, or a 501(h) election in effect Part IV 4No
- Over $15,000 of professional fundraising services Part IV 18No
- Over $10,000 of activity outside the U.S. Part IV 14bNo
- Employees Part I, line 5226
- Volunteers Part I, line 627
Largest outside contractors
FY2025 · Form 990, Part VII, Section B · businesses only| CHARTWELLS Dining services | $1,804,213 |
Individuals listed as contractors are left out. 1 contractors were paid more than $100,000 in all.
Private foundation grants it received
7 private foundations reported grants to Louisburg College totaling $112K on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.
Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.
Correct a figure or respond
Every number above is copied from Louisburg College's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Louisburg College, you can publish a response that is linked from this page.
Share or embed this breakdown
Of every $100 Louisburg College spent in FY2025, $74.64 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
- Taylion High Desert AcademyAdelanto, CA · revenue $17M · programs 94.1% · FY2025
- Forte Preparatory Academy Charter SchoolElmhurst, NY · revenue $17M · programs 75.2% · FY2025
- Mount Tamalpais SchoolMill Valley, CA · revenue $17M · programs 77.9% · FY2025
- Horizon Community Learning CenterPhoenix, AZ · revenue $17M · programs 77.1% · FY2025
- Ridgeview Global Studies AcademyDavenport, FL · revenue $17M · programs 95.6% · FY2025
All education charities · Largest charities in North Carolina
Questions people ask
How much of Louisburg College's spending goes to programs?
In the fiscal year ending May 31, 2025, Louisburg College reported that 74.6% of its $16.9 million in expenses went to program services, 24.4% to management and general and 1.0% to fundraising (Form 990, Part IX).
How much does Louisburg College pay its top executive?
The largest total compensation Louisburg College reported for one person in the fiscal year ending May 31, 2025 was $255,762, for the role of PRESIDENT (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Louisburg College get its money?
Of $16.9 million in revenue in the fiscal year ending May 31, 2025, 5.7% came from contributions and grants (including 0.5% from government grants) and 87.0% from program service revenue (Form 990, Part VIII).
Is Louisburg College a registered charity?
The IRS lists EIN 56-0547511 as a 501(c)(3) organization (hospital or medical research organization), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- FY2025: Form 990 for the fiscal year ending May 31, 2025, object 202601039349300405 · read the filing · XML
- FY2024: Form 990 for the fiscal year ending May 31, 2024, object 202510589349300641 · read the filing
- FY2023: Form 990 for the fiscal year ending May 31, 2023, object 202411069349300926 · read the filing
- FY2022: Form 990 for the fiscal year ending May 31, 2022, object 202331079349300008 · read the filing
- FY2021: Form 990 for the fiscal year ending May 31, 2021, object 202201059349300910 · read the filing
- FY2020: Form 990 for the fiscal year ending May 31, 2020, object 202111049349301436 · read the filing
All filings for EIN 56-0547511: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.