B — EducationEIN: 570314402

Limestone University

Gaffney, South Carolina

BHealth Score
55B

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Above Average

How This Organization Compares

Compared to 73 peers in Education with $10M-$100M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org0.56×
Peer Median9.48×
💰
$45.7M
Total Revenue
📊
$58.3M
Total Expenses
🏦
$32.4M
Net Assets
📋
$40.7M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-21.9%
Year-over-year change (2022 → 2023)
Net Margin
-27.7%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.56
Net assets divided by total expenses
Liabilities-to-Assets
55.6%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$45,679,715↓22%$58,317,120↓4%$73,143,263↓14%
2022$58,516,588↑20%$60,433,607↑16%$85,120,359↓7%
2021$48,905,633↓2%$51,898,336↑3%$91,111,811↑22%
2020$49,959,571↑1%$50,480,921↑4%$74,642,458↑4%
2019$49,294,230↓8%$48,376,170↓3%$71,841,088↑21%
2018$53,790,811↑1%$49,791,727↓5%$59,349,237↑7%
2017$53,055,823$52,291,088↑1%$55,654,566↑1%
2016$52,822,118↓4%$51,601,422↓2%$55,163,002
2015$54,936,828↑9%$52,724,599↑12%$54,931,432↑10%
2014$50,308,456↑15%$47,024,189↑9%$49,821,131↑17%
2013$43,877,921↑6%$42,950,078↑5%$42,417,905↑8%
2012$41,397,542↓1%$40,733,024↑3%$39,128,772↑1%
2011$41,691,291$39,642,300$38,799,563

Frequently Asked Questions

What does Limestone University do?▼

Limestone University is a education nonprofit organization based in South Carolina. It is classified under NTEE code B42Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is Limestone University financially healthy?▼

Based on our 9-metric Financial Health Score model, Limestone University has a score of 55/100 (Grade: B). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Limestone University generate?▼

Limestone University reports $47.0M in annual revenue and holds $61.0M in total assets, based on IRS filings.

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