Loyola University of Chicago
Public records show a registered, tax-exempt organization in good standing.
What it says it does
WE ARE CHICAGO'S JESUIT, CATHOLIC UNIVERSITY - A DIVERSE COMMUNITY SEEKING GOD IN ALL THINGS AND WORKING TO EXPAND KNOWLEDGE IN THE SERVICE OF HUMANITY THROUGH LEARNING, JUSTICE, AND FAITH.
- Income
- $1.1 billion
- Spending
- $1.0 billion
- Spent on programs
- 90%
- Reserves
- 6.9 months of spending
- Largest source of income
- fees for its services, 85%
- Employees
- 9,632
- Volunteers
- 1,586
- Highest pay
- $1.4 million, head men's basketball coach
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Good: 88 out of 100. Higher than 80% of charities in its peer group (education, over $100m).
Reserves
28 of 35Spendable reserves would cover 6.9 months of spending.
Debt
20 of 20It owes 13% of what it owns.
Living within its means
15 of 15Income exceeded spending by 3% of income.
Income trend
10 of 15Income fell 2% on the year before.
Spending floor
15 of 1590% of spending went to programs and raising each dollar of donations cost 18 cents.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Strong: 100 out of 100. Higher than 41% of charities in its peer group (education, over $100m).
Independent board
25 of 2536 of 37 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Pay set independently
5 of 5Sets its chief executive's pay through independent review and comparison.
Independent check of accounts
15 of 15Its accounts were audited by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Reports results. Its tax return states measurable results. These are its own figures and nobody has checked them.
Results it reports
- Approximately 12,500 undergraduate students were educated.Work delivered
- Approximately 4,800 graduate and professional students were educated.Work delivered
Read from the return by an AI model and shown only where the wording was found in the return. These are the charity's own figures.
Programs described in its return (3)
- $808.5 million spent. HIGHER EDUCATION: LOYOLA UNIVERSITY CHICAGO EDUCATED APPROXIMATELY 12,500 UNDERGRADUATE & 4,800 GRADUATE & PROFESSIONAL STUDENTS FOR THE FALL 2024 TERM. LOYOLA STRIVES TO DELIVER THE PREMIER UNDERGRADUATE EDUCATIONAL EXPERIENCE IN CHICAGO, CHARACTERIZED BY A TRANSFORMATIVE EXPERIENCE IN THE JESUIT TRADITION & A COMMITMENT TO THE UNDERSERVED. THE QUINLAN SCHOOL OF BUSINESS CONTINUES TO BE RANKED AS THE NUMBER 1 UNDERGRADATE BUSINESS PROGRAM IN CHCAGO BY U.S. NEWS & WORLD REPORT RANKINGS. SIMILARLY, THE MARCELLA NIEHOFF SCHOOL OF NURSING BACHELOR OF SCIENCE PROGRAM IS RANKED IN THE TOP 2 PERCENT OF UNDERGRADUATE NURSING PROGRAMS NATIONWIDE. At the graduate and professional levels, Loyola delivers a high-quality education defined by excellence, innovation, justice, and leadership. The university comprises 13 schools and colleges, along with numerous institutes and centers.
- $62.5 million spent. HIGHER EDUCATION AUXILIARY SERVICES: LOYOLA UNIVERSITY CHICAGO PROVIDES VARIOUS SERVICES AND AMENITIES THAT STRENGTHEN AND ENHANCE THE LOYOLA STUDENT, FACULTY, AND STAFF EXPERIENCE. THESE SERVICES INCLUDE HOUSING, FOOD SERVICE, AND RECREATIONAL FACILITIES.
- $46.2 million spent. RESEARCH: LOYOLA UNIVERSITY CHICAGO ENGAGES IN EXTERNALLY FUNDED RESEARCH PROJECTS AIMED AT SOLVING CONTEMPORARY, SOCIETAL CHALLENGES, WITH THE GOAL OF CREATING A BETTER AND MORE JUST TOMORROW. THE RESEARCH IS CONDUCTED IN EACH OF LOYOLA'S THREE CHICAGO-AREA CAMPUSES (HEALTH SCIENCE CAMPUS, WATER TOWER CAMPUS, AND LAKESHORE CAMPUS) AND SERVES TO ADVANCE KNOWLEDGE WHILE ALSO PROVIDING TRAINING OPPORTUNITIES TO STUDENTS IN THE RESEARCH PROCESS. LOYOLA'S TOTAL RESEARCH EXPENDITURES HAVE GROWN STEADILY RESULTING IN LOYOLA ATTAINING THE HIGHEST RESEARCH CLASSIFICATION, RESEARCH 1 (R1) BY THE AMERICAN COUNCIL ON EDUCATION AND THE CARNEGIE FOUNDATION DURING FISCAL YEAR 2025.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending June 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since August 2007.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.