LIBERTY UNIVERSITY INC Charity Report

Public IRS 990 nonprofit record

LIBERTY UNIVERSITY INC

EIN 54-0946734 · Education (B430)

What they do

LIBERTY UNIVERSITY, INC. is A DISTINCTIVELY CHRISTIAN ACADEMIC COMMUNITY, WITH A MISSION of PROVIDING QUALITY COLLEGIATE EDUCATION TRAINING CHAMPIONS for CHRIST.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $84.90 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders58 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

66.93%of revenue went to mission work84.9% of expenses · Program services

0.46%of revenue went to fundraising0.6% of expenses

$78.80spent for every $100 of revenueRevenue covered expenses this year.

11.41%of revenue went to management and office costs14.5% of expenses

$3.33in assets for every $1 spent this yearSome assets cannot be spent right away.

1.0%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $9,781,223 for MR JERRY FALWELL JR (FORMER TRUSTEE/OFFICER). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$1,939,920,591

Mission workProgram services$1,298,409,77966.93% of revenue84.9% of expenses

ManagementOffice and general costs$221,284,84111.41% of revenue14.5% of expenses

FundraisingAsking for donations$8,991,0500.46% of revenue0.6% of expenses

Revenue left after expensesReported annual surplus$411,234,92121.20% of revenueShown in gray on the chart

Total expenses$1,528,685,67078.80% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 84.9% mission · 14.5% management · 0.6% fundraisingTotal expenses: 78.80% of revenue

2023Expense mix: 84.5% mission · 15.0% management · 0.4% fundraisingTotal expenses: 80.83% of revenue

2022Expense mix: 84.4% mission · 15.2% management · 0.4% fundraisingTotal expenses: 88.21% of revenue

2021Expense mix: 89.0% mission · 10.7% management · 0.3% fundraisingTotal expenses: 80.55% of revenue

2020Expense mix: 89.4% mission · 10.4% management · 0.2% fundraisingTotal expenses: 76.89% of revenue

2019Expense mix: 88.7% mission · 11.1% management · 0.2% fundraisingTotal expenses: 81.40% of revenue

2018Expense mix: 86.8% mission · 13.0% management · 0.2% fundraisingTotal expenses: 77.63% of revenue

2017Expense mix: 86.7% mission · 12.8% management · 0.5% fundraisingTotal expenses: 78.19% of revenue

Money in and money out

Revenue$1,939,920,591

Expenses$1,528,685,670

Annual surplus $411,234,921 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$1,298,409,779 · 84.9% of expenses

Management and office costs$221,284,841 · 14.5% of expenses

Fundraising$8,991,050 · 0.6% of expenses

See all reported dollar amounts

Revenue$1,939,920,591

Expenses$1,528,685,670

Assets$5,085,879,052

Income$4,753,498,327

Contributions$18,446,326

Mission work (program services)$1,298,409,779

Fundraising$8,991,050

Grants given$13,832,224

Average grant$120,280

Management and general$221,284,841

Stocks and bonds$1,661,604,086

Accounting fees$492,116

Investing fees$8,130,385

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

MR JERRY FALWELL JRFORMER TRUSTEE/OFFICER $9,781,223

MR JAMES CHADWELLHEAD FOOTBALL COACH · 55 hrs/week $5,052,103Base $4,998,651 · Other $53,452

MR RITCHIE MCKAYHEAD BASKETBALL COACH · 55 hrs/week $1,681,228Base $1,612,564 · Other $68,664

DR DONDI COSTINTRUSTEE/PRESIDENT · 54 hrs/week $1,127,660Base $1,095,435 · Other $32,225

MR IAN MCCAWVP & DIRECTOR OF ATHLETICS · 55 hrs/week $1,016,907Base $955,806 · Other $61,101

DR ROBERT RITZCHIEF FINANCIAL OFFICER/TREASURER · 54 hrs/week $727,495Base $665,613 · Other $61,882

DR CHARLES LATHAMPROVIDER, COLLABORATIVE HEALTH PARTNERS, LLC · 55 hrs/week $695,499Base $657,324 · Other $38,175

DR RONALD KENNEDYEVP FOR ENROLLMENT MANAGEMENT & MARKETING · 55 hrs/week $636,108Base $546,123 · Other $89,985

MR SHAWN CRAWFORDCEO, COLLABORATIVE HEALTH PARTNERS, LLC · 55 hrs/week $573,524Base $528,944 · Other $44,580

REV JONATHAN FALWELLTRUSTEE/CHANCELLOR · 30 hrs/week $554,655Base $552,610 · Other $2,045

DR SCOTT HICKSPROVOST AND CHIEF ACADEMIC OFFICER · 54 hrs/week $550,031Base $527,278 · Other $22,753

MR WILLIAM KORNASSISTANT COACH, FOOTBALL · 55 hrs/week $545,699Base $499,800 · Other $45,899

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (58)

MR JERRY FALWELL JRFORMER TRUSTEE/OFFICER

MR JAMES CHADWELLHEAD FOOTBALL COACH

MR RITCHIE MCKAYHEAD BASKETBALL COACH

DR DONDI COSTINTRUSTEE/PRESIDENT

MR IAN MCCAWVP & DIRECTOR OF ATHLETICS

DR ROBERT RITZCHIEF FINANCIAL OFFICER/TREASURER

DR CHARLES LATHAMPROVIDER, COLLABORATIVE HEALTH PARTNERS, LLC

DR RONALD KENNEDYEVP FOR ENROLLMENT MANAGEMENT & MARKETING

MR SHAWN CRAWFORDCEO, COLLABORATIVE HEALTH PARTNERS, LLC

REV JONATHAN FALWELLTRUSTEE/CHANCELLOR

DR SCOTT HICKSPROVOST AND CHIEF ACADEMIC OFFICER

MR WILLIAM KORNASSISTANT COACH, FOOTBALL

MR DAVID CORRYGENERAL COUNSEL/SECRETARY

MR JOHN GAUGERCHIEF INFORMATION OFFICER AND EVP OF ANALYTICS

MRS CINDY GAEBESVP OF FINANCE AND CHIEF INVESTMENT OFFICER

DR JERRY PREVOTRUSTEE/PRESIDENT EMERITUS

MR DANIEL DETERSVP OF CONSTRUCTION AND FACILITIES MANAGEMENT

MR STEVE FOSTEREVP OF HUMAN RESOURCES

DR LAWRENCE HINESVP OF STUDENT AFFAIRS

MR CHARLES SPENCEFORMER KEY EMPLOYEE

MR DANIEL APPLEWHITEDEPUTY GENERAL COUNSEL/ASSISTANT SECRETARY

MR BRIAN MENTZEREVP OF DEVELOPMENT

MR DON MOONFORMER OFFICER

MR CRAIG PETTITVP OF REAL ESTATE MANAGEMENT

REV GLENN CLARYFORMER KEY EMPLOYEE

MR SCOTT SPEARVP OF FINANCE AND ADMINISTRATION

MRS ASHLEY REICHSVP OF UNIVERSITY COMPLIANCE

MR MATT COOPERVP OF STUDENT FINANCIAL SERVICES

MR SHON MULDROWFORMER KEY EMPLOYEE

MR ANTHONY BECKLESTRUSTEE & ONLINE CHAIR

DR BRIAN AUTRYTRUSTEE & ADJUNCT PROFESSOR

DR JOHN BOREK JRTRUSTEE & ADJUNCT PROFESSOR

MS PENNY NANCETRUSTEE

EVANGELIST TIM LEETRUSTEE/CHAIRMAN

MR CARROLL HUDSONTRUSTEE

DR ALLEN MCFARLANDTRUSTEE

DR GENE MIMSTRUSTEE

DR RICHARD G LEETRUSTEE

MR GILBERT TINNEYTRUSTEE

MR WILLIAM TINNEYTRUSTEE

DR DAVID RHODENHIZERTRUSTEE

DR DON CRAINTRUSTEE

MRS GAYE OVERTON BENSONTRUSTEE

MS ANGELA JORDANTRUSTEE

DR DWIGHT REIGHARDTRUSTEE

DR JACK GRAHAMTRUSTEE

MR RICHARD OSBORNETRUSTEE

MR JOHN HEATHTRUSTEE

DR HAROLD RAWLINGSTRUSTEE

MR JEFFREY F BENSONTRUSTEE

MR JEFFERY S YAGERTRUSTEE

DR JAMES SCROGGINS IVTRUSTEE

DR JEANNIE RIVERSTRUSTEE

MR GALEN PEEL SRTRUSTEE

MR DAVID RICETRUSTEE

DR JERRY VINESTRUSTEE

MR CHRIS RHODENHIZERTRUSTEE

EVANGELIST WILLIAM F GRAHAM IVTRUSTEE/VICE CHAIRMAN

About this charity

Recognized since: January 1974
Location: 1971 UNIVERSITY BLVD, LYNCHBURG, VA 24515
County: Lynchburg (city)
In care of: DR ROBERT RITZ
Primary officer: DR ROBERT RITZ, CFO

How to reach them

WebsiteVisit the charity’s website Phone(434) 592-4800 Officer phone(404) 592-4800

Filing and classification

Latest tax year: 2024
Tax period began: July 1, 2024
Return type: 990
Tax preparer: BDO USA
NTEE classification: Education (B430)
Grant-giving organization: Yes