The Lutheran University Association Inc: $165.5M Revenue, $147.5M Program Expenses

The Lutheran University Association Inc grades a B on the nonprofit efficiency rubric. 70/100 on the composite — above the national median, with strong performance on some factors balanced by middling performance on others.

Annual revenue at The Lutheran University Association Inc runs $165.5M (2023), placing it among the larger U.S. nonprofits in the IRS Form 990 dataset. Program-spending efficiency is strong: 80% of total expenses flow to program activities, above the 75% benchmark most third-party charity raters use.

Five-year revenue trend is mildly negative: a modest decline that could reflect grant-cycle timing, donor turnover, or program wind-down. Worth checking against the program-spending pattern to see whether the decline is structural. CEO compensation is reported as zero in the filing — typical for nonprofits where the chief executive is paid through a related entity (parent system, university, or foundation) rather than the filing organization itself, or for small organizations whose chief is a volunteer or board member. In the Education category, The Lutheran University Association Inc sits alongside universities, K-12 systems, scholarship funds, and education-research organizations. Education-sector nonprofits often hold large endowments, which affects how the reserves-and-revenue ratios should be read.