Overview
What is Limestone University?
Limestone University, established in 1845, is a well-established four-year liberal arts institution located in Gaffney, South Carolina. With a mission to educate students from diverse backgrounds in the liberal arts and select professional disciplines, the university provides degree programs through both traditional and non-traditional educational opportunities. Approximately 2,250 FTE degree-seeking students attend the university, which offers bachelor's, master's, and associate degrees. Limestone University's employee count is 844, and they are dedicated to delivering academic and student support, as well as auxiliary services for the personal and professional growth of individuals who might otherwise find access to higher education challenging.
Official website here: www.limestone.edu
What are the reviews and ratings of this charity?
Charity Navigator Rating: 92% (Four-Star out of Four Stars)
Limestone University has achieved a strong Four-Star rating from Charity Navigator, reflecting its high standards in accountability and finance. The 92% score indicates a well-managed organization, with all financial practices scrutinized and rated favorably. This rating is primarily derived from its exceptional performance in fiscal responsibilities, showcasing the university's commitment to transparency and effective financial oversight.
One of the standout features of Limestone University is its fully independent board, which comprises 100% independent members. This ensures that the governance of the institution is free from conflicts of interest, contributing to the overall integrity and trustworthiness of the organization. The presence of robust policies such as conflict of interest and whistleblower protections further solidifies its accountability framework.
However, while the university has a commendable program expense ratio of 80.29%, indicating a substantial portion of its budget is directed towards its mission-driven activities, its liabilities to assets ratio of 55.63% suggests that there may be room for improvement in managing its financial obligations. Overall, Limestone University demonstrates a strong commitment to ethical practices and financial responsibility, though continued attention to its liabilities may enhance its long-term stability.
This AI summary has been generated from information found on Charity Navigator.
Is Limestone University legitimate?
Limestone University is a legitimate nonprofit organization registered as a 501(c)(3) entity. Limestone University submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $501,826
Professional Fundraising Fees: $55,893
Other Salaries and Wages: $15,849,016
For more financial information, click here
Official website here: www.limestone.edu
What is the mission statement of Limestone University?
Limestone University is dedicated to educating students from various backgrounds in the liberal arts and selected professional disciplines. The institution provides degree programs throughout South Carolina and online, expanding opportunities for personal and professional growth for individuals who might face challenges in accessing higher education. The mission of Limestone University is to offer a well-rounded education that enables students to broaden their horizons and reach their full potential, regardless of their circumstances. This commitment to inclusion and academic excellence has been in place since the university's founding in 1845.
Official website here: www.limestone.edu
What is the revenue of Limestone University?
Limestone University's revenue in 2023 was $45,679,715.
Official website here: www.limestone.edu
Who are the executives of Limestone University and what are their salaries?
The average compensation at Limestone University during 2023 was $49,548. There are 330 employees and 30 volunteers at Limestone University.
Here are 37 key members and their salaries:
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Official website here: www.limestone.edu
Where can I find the form 990 for Limestone University?
Limestone University's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.limestone.edu
Learn more at the official website: www.limestone.edu
Mission Statement of Limestone University
Limestone University, a four-year liberal arts institution, was established in 1845 and is committed to educating students from diverse backgrounds in the liberal arts and selected professional disciplines. The mission of this esteemed institution goes beyond traditional classroom learning by offering degree programs throughout South Carolina and via the internet. It strives to provide opportunities for personal and professional growth to individuals who may encounter challenges in accessing higher education. Through its diverse range of degree offerings, Limestone University empowers students to broaden their horizons and reach their full potential. The university's dedication to inclusivity and accessibility makes it an invaluable resource for individuals seeking to expand their knowledge and skills in various disciplines. By fostering a nurturing and supportive learning environment, Limestone University helps students overcome obstacles and achieve their academic goals.
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Impact
October, 2024
Limestone University plays a significant role in the educational landscape of Gaffney, South Carolina, catering to approximately 2,250 full-time equivalent students with a diverse range of academic needs. Established in 1845, it stands as a four-year liberal arts institution dedicated to providing quality post-secondary education. The university offers a variety of degree programs, including masters, bachelors, and associate degrees, through both traditional and non-traditional educational methods.
The university's mission emphasizes the importance of educating students from diverse backgrounds in the liberal arts as well as selected professional disciplines. By offering degree programs throughout South Carolina and through online platforms, Limestone University enhances access to higher education for individuals who may face challenges in pursuing their academic aspirations. This commitment to inclusivity not only enriches the lives of its students but also contributes to personal and professional growth, ultimately benefiting the broader community.
This information is meant to be a general summary of Limestone University. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $849,435
- Program Service Revenue: $39,796,895
- Gross Receipts: $71,422,456
Assets and Liabilities:
- Total Assets: $85,120,359
- Total Liabilities: $37,901,596
- Net Assets: $47,218,763
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION AND FEES
Revenue
$33,835,081
AUXILIARY - ROOM AND BOARD
Revenue
$3,352,033
AUXILIARY - OTHER
Revenue
$1,885,924
AUXILIARY - BOOKSTORE
Revenue
$667,285
SUMMER CAMPS
Revenue
$56,572
Organization Details
Founding Year
1845
Principal Officer
Dr Darrell Parker
Website
www.limestone.eduNTEE Category
Code: B42Z - Education
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