Public Charity

LENOIR-RHYNE UNIVERSITY

LENOIR-RHYNE UNIVERSITY is a Public Charity headquartered in HICKORY, NC. Financial data from the 2025 filing: $81.1M revenue, $82.5M expenses, $294.6M total assets. 128 publicly reported grants to this organization, totaling roughly $5.8M, appear in IRS filings.

EIN: 560556753 HICKORY, NC Latest filing: 2025
Total Revenue$81.1M
Total Expenses$82.5M
Total Assets$294.6M
Grant Records128
Funding Total$5.8M
Filing Years2021–2025

Mission

PROVIDE EDUCATIONAL PROGRAMS AND CONFER UNDERGRADUATE DEGREES IN APPROXIMATELY 60 ACADEMIC PROGRAMS OF STUDY. THE UNIVERSITY OFFERS 57 DIFFERENT PROGRAMS OF STUDY FOR UNDERGRADUATES AND 24 DIFFERENT PROGRAMS FOR GRADUATE DEGREES.

Officers & Directors

VICE CHAIR Boyd C Wilson Jr
TRUSTEE Boyd George
VP Institutional Advancement Catherine Niekro
TRUSTEE Chris Peek
TRUSTEE Corie Pauling
Head Football Coach Douglas Socha

Officer compensation and complete director data available with membership.

Top Grant Purposes

For nursing scholarships.
$1,100,000 5 grants
EDUCATION
$911,513 20 grants
GENERAL SUPPORT
$742,109 17 grants
CHARITABLE GIFT
$690,000 7 grants
FOR RECIPIENT'S EXEMPT PURPOSE
$494,350 5 grants

Financial Trends

Year Revenue Expenses Assets
2025 $81.1M $82.5M $294.6M
2024 $83.7M $90.1M $291.4M
2023 $98.6M $100.0M $291.2M
2022 $120.2M $95.8M $270.7M
2021 $101.4M $95.5M $251.8M

Between 2021 and 2025, reported annual revenue declined from $101.4M to $81.1M (-20%), with total assets most recently reported at $294.6M.

Interactive year-over-year charts and full filing details available with membership.

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