LeTourneau University
LeTourneau University reported $123.9 million in revenue and $83.8 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $82.44 went to program services, $14.13 to management and general costs and $3.43 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 53.1% of the total. The highest compensation it reported for one person was $496,115 (Former Chancellor, Advisor Ended: 12/25). 28 people received more than $100,000 in reportable compensation. Revenue rose 87% between FY2020 and FY2025. Source: Form 990, FY2025.
Where $100 of spending went
The fiscal year ending June 30, 2025 · Form 990, Part IX, line 25 · total expenses $84MFor 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 June 30, 2025 · Form 990, Part VIII · total revenue $124MThe 990 scorecard · same measures for every charity, no grades
| Measure | FY2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 82.4% | 84.4% |
| Management & general Part IX 25(C) ÷ 25(A) | 14.1% | 13.4% |
| Fundraising Part IX 25(D) ÷ 25(A) | 3.4% | 0.8% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.05 | $0.04 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 42.6% | 19.1% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 1.9% | 1.1% |
| Program service revenue share Part VIII 2g ÷ 12 | 53.1% | 69.9% |
| Highest reported compensation Part VII-A, columns D–F | $496,115 | $331,578 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 0.59% | 1.28% |
| People paid over $100,000 Part VII, line 2 | 28 | 8 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 20.7 | 13.3 |
| Independent voting board members Part VI 1a–1b | 26 of 27 | 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 expenseLeTourneau University's primary program service is the delivery of oncampus undergraduate education at its Longview, Texas campus. The University offers degree programs in engineering, technology, liberal arts, nursing, business, aeronautical science, education, and the sciences. LeTourneau University is consistently ranked by U.S. News & World Report in the top tier among regional universities in the West. During the year ended June 30, 2025, the University served approximately 1,650 students through classroom instruction, labs, academic advising, and student support services, fulfilling its…
The University provides auxiliary services that support and enhance the oncampus student experience, including residential housing, meal plans, dining services, and related student support activities. These services contribute to student retention, campus life, and a comprehensive learning environment
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 |
|---|---|---|---|---|
| Former Chancellor, Advisor Ended: 12/25 Highest compensated employee, 60.0 hrs/week | $418,531 | $0 | $77,584 | $496,115 |
| President Director/trustee, officer, 59.0 hrs/week | $389,402 | $0 | $33,664 | $423,066 |
| Provost Key employee, 60.0 hrs/week | $178,467 | $0 | $18,834 | $197,301 |
| Dean of Engineering & Technology Highest compensated employee, 60.0 hrs/week | $166,173 | $0 | $10,578 | $176,751 |
| AVP for Development Highest compensated employee, 60.0 hrs/week | $125,412 | $0 | $46,000 | $171,412 |
| VP of Enrollment, Markteting, & Communication Key employee, 60.0 hrs/week | $155,926 | $0 | $8,332 | $164,258 |
| VP of Devopment Highest compensated employee, 60.0 hrs/week | $145,195 | $0 | $10,947 | $156,142 |
| VP of Finance and Admin/CFO Officer, 60.0 hrs/week | $140,588 | $0 | $6,776 | $147,364 |
28 people received more than $100,000 in reportable compensation from LeTourneau University (Part VII, line 2). Compensation of current officers, directors and key employees totaled $534K (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–1b27 · 26 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13Yes
- Document retention policy Part VI 14Yes
- Independent process for top executive pay Part VI 15aYes
- Board given the 990 before filing Part VI 11aNo
- Family or business ties among insiders Part VI 2Yes
- 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 51,387
- Volunteers Part I, line 6250
Largest outside contractors
FY2025 · Form 990, Part VII, Section B · businesses only| Transet Co General Contractor | $10,214,311 |
| Bon Appetit Management Corporation Food Service Provider | $3,192,964 |
| Hopkins Custom Roofing Roofing Contractor | $1,050,000 |
| Textron Aviation Inc Aviation Maintenance | $950,868 |
| Ellucian Company LLC Cloud ERP Software Services | $880,959 |
Individuals listed as contractors are left out. 32 contractors were paid more than $100,000 in all.
Private foundation grants it received
15 private foundations reported grants to LeTourneau University totaling $189K 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 LeTourneau University's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for LeTourneau University, you can publish a response that is linked from this page.
Share or embed this breakdown
Of every $100 LeTourneau University spent in FY2025, $82.44 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
- Tiger Athletic FoundationBaton Rouge, LA · revenue $124M · programs 88.4% · 2024
- The Florida State University FoundationTallahassee, FL · revenue $124M · programs 63.0% · FY2025
- University of Wyoming FoundationLaramie, WY · revenue $124M · programs 63.8% · FY2025
- University of EvansvilleEvansville, IN · revenue $124M · programs 91.8% · FY2025
- Concordia University St PaulSt Paul, MN · revenue $124M · programs 79.8% · FY2025
Questions people ask
How much of LeTourneau University's spending goes to programs?
In the fiscal year ending June 30, 2025, LeTourneau University reported that 82.4% of its $83.8 million in expenses went to program services, 14.1% to management and general and 3.4% to fundraising (Form 990, Part IX).
How much does LeTourneau University pay its top executive?
The largest total compensation LeTourneau University reported for one person in the fiscal year ending June 30, 2025 was $496,115, for the role of Former Chancellor, Advisor Ended: 12/25 (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does LeTourneau University get its money?
Of $123.9 million in revenue in the fiscal year ending June 30, 2025, 42.6% came from contributions and grants (including 1.9% from government grants) and 53.1% from program service revenue (Form 990, Part VIII).
Is LeTourneau University a registered charity?
The IRS lists EIN 75-1081109 as a 501(c)(3) organization (school), 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 June 30, 2025, object 202631049349301223 · read the filing · XML
- FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202501339349300810 · read the filing
- FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202430929349300218 · read the filing
- FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202321019349301032 · read the filing
- FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202231029349300623 · read the filing
- FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202100889349300775 · read the filing
All filings for EIN 75-1081109: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.