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: Verified by RoundPaper

FY 2023

Verified NonprofitLast Filed 2023EIN 56-0547511

Louisburg College

LOUISBURG, NCFounded 1928Website

mission statement

To provide a bridge for students to transition from high school to senior colleges and universities.

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Total Revenue

$14.2M

FY 2023

Program Spending

81.4%

of total expenses

Known Funders

2019–2024 filings

Key Metrics (FY 2023)

The Numbers

$43.9M

Total Assets

$25.8M net

20.94 mo

Operating Reserves

FY 2023

Active Programs

FY 2023

257

Total Employees

FY 2023

Funding Track Record

Backed by 35 Institutional Funders

$2.5M raised across 86 grants (2019–2024 filings)

Funder Geography

Funders across 14 states (2019–2024 filings)

Institutional Funding by Year

PaidCommittedBoth

Funder	Location	Total Awarded
Lettie Pate Whitehead Foundation Inc	Atlanta, GA	$940,000
North Carolina Community Foundation Inc	RALEIGH, NC	$301,100
The Robert P Holding Foundation Inc	SMITHFIELD, NC	$300,000
Benjamin N Duke Trust Ua Fboo Louisburg College	LAS VEGAS, NV	$127,000
The Winston-Salem Foundation	WINSTONSALEM, NC	$125,878
Austin Community Foundation Inc	AUSTIN, TX	$118,750
The Cannon Foundation Inc	CONCORD, NC	$90,000
North Carolina Independent Colleges & Universities	RALEIGH, NC	$84,481
Seby B Jones Family Foundation Inc	RALEIGH, NC	$74,000
Victor R Small Trust	WILSON, NC	$67,464

Total tracked: $2,452,814 across 86 grants (2019–2024 filings)

Totals reflect grants as reported on funder tax returns. Timing may not match recipient revenue: funder and recipient fiscal years often differ, and grants paid by a funder in one year may be recognized by the recipient in a different year.

Programs (FY 2023)

What They Do

$12.0M in expenses

Louisburg college continues to admit an increasing number of students with higher gpa averages. Confirmation of louisburg's success in preparing students for the next steps in their collegiate careers is evidenced by the college's course completion rate and the number of students who transfer to four year institutions. The college's current course completion rate is 77%. Over the past few years, at least 80% of the college's graduates have transferred to four-year colleges and universities.

Financial History