Lincoln Memorial University
6965 Cumberland Gap Pkwy, Harrogate, TN · IRS data through FY2025
Revenue, expenses and net assets
Revenue Expenses Net assets
| Tax year | Revenue | Expenses | Net assets |
|---|---|---|---|
| FY2025 | $285,223,229 | $214,157,205 | $416,696,709 |
| FY2024 | $258,919,196 | $205,702,758 | $340,290,704 |
| FY2023 | $225,089,467 | $182,443,324 | $281,785,581 |
| FY2022 | $200,478,196 | $164,166,411 | $236,302,990 |
| FY2021 | $189,897,370 | $162,543,981 | $206,243,858 |
| FY2020 | $171,241,775 | $155,070,672 | $165,181,076 |
| FY2019 | $157,542,114 | $145,322,877 | $151,227,713 |
| FY2018 | $157,376,764 | $139,628,550 | $137,856,786 |
| FY2017 | $136,234,774 | $125,197,769 | $118,132,208 |
| FY2016 | $119,352,063 | $111,224,109 | $104,601,754 |
| FY2015 | $111,492,150 | $101,134,541 | $98,056,048 |
| FY2014 | $96,293,306 | $97,926,067 | $88,438,327 |
| FY2013 | $102,068,874 | $96,671,534 | $87,514,134 |
| FY2012 | $93,063,292 | $86,660,361 | $80,753,931 |
Form 990 filings
The returns filed by Lincoln Memorial University (EIN 62-0479542), including Form 990 PDFs and e-file data by year, are available in ProPublica's Nonprofit Explorer. The figures on this page come from IRS data files built from those returns.
Where the revenue came from
| Source | Amount | % of revenue |
|---|---|---|
| Contributions & grants | $13,846,024 | 5% |
| Program service revenue | $269,218,659 | 94% |
| Other revenue | $2,158,546 | 1% |
Where the money was spent
| Category | Amount | % of expenses |
|---|---|---|
| Program services | $162,464,810 | 76% |
| Management & general | $49,511,851 | 23% |
| Fundraising | $2,180,544 | 1% |
What the numbers show
- Program service revenue made up 94% of total revenue in FY2025.
- Program services accounted for 76% of functional expenses, management & general 23%, and fundraising 1%.
- 76% of functional expenses went to program services in FY2025. That is higher than 31% of 100 Education organizations in TN.
- Net assets covered about 23.3 months of expenses at the end of the reporting year. That puts it in the 70th percentile among 1048 Education organizations in TN.
- Total revenue was higher than 99.9% of 1061 Education organizations in TN.
- Total revenue rose from $93,063,292 in FY2012 to $285,223,229 in FY2025. Revenue increased in 12 and decreased in 1 of 13 year-over-year comparisons.
- Expenses exceeded revenue in 1 of 14 reported years (FY2014).
- Net assets grew from $80,753,931 to $416,696,709 between FY2012 and FY2025.
- Listed in the IRS Publication 78 data as eligible to receive tax-deductible contributions (public charity).
Figures compared against other organizations of the same NTEE program area in the same state. See the methodology page for how these are calculated and the guide to reading nonprofit financials for their limits.
About this organization
LINCOLN MEMORIAL UNIVERSITY IS A VALUES-BASED LEARNING COMMUNITY DEDICATED TO PROVIDING EDUCATIONAL EXPERIENCES IN THE LIBERAL ARTS AND PROFESSIONAL STUDIES.
IRS status
| Ruling year | 1942 |
| Subsection | 501(c)(3) |
| Classification | Public charity |
| Program area (NTEE) | B430 — Education (in TN) |
| Donations | Listed in the IRS Publication 78 data as eligible to receive tax-deductible contributions (public charity). |
Similar organizations
- University of the South — Sewanee, TN · $246,056,453
- Meharry Medical College — Nashville, TN · $234,140,557
- The University of Tennessee Foundat Ion Inc — Knoxville, TN · $344,836,967
- Rhodes College — Memphis, TN · $177,972,908
- Education Loan Finance Inc — Knoxville, TN · $152,761,053
- Union University — Jackson, TN · $113,725,836
- Trevecca Nazarene University — Nashville, TN · $95,946,476
- Ensworth School — Nashville, TN · $83,745,106
Source: Internal Revenue Service — Exempt Organizations Business Master File (downloaded November 4, 2026), Statistics of Income extracts, Form 990 e-file data, Publication 78 and the Automatic Revocation list. Figures are as reported by the organization; IRS processing may adjust them. This is not a charity rating and not tax advice. Confirm deductibility in IRS Tax Exempt Organization Search.
Think something here is wrong or should be removed? Use the contact form — we act on removal requests within 30 days.