Rochester Institute Of Technology: $1.0B Revenue, $997.2M Expenses
Rochester, New York · EIN 160743140 · Filing year 2023
Rochester Institute Of Technology reported $1.0B in total revenue, $997.2M in total expenses, and $2.7B in total assets on its 2023 IRS Form 990. Total compensation for current officers and key employees was $6.0M (0.58% of revenue). NonprofitTruth efficiency grade: B (67/100).
Source: ProPublica Nonprofit Explorer — IRS Form 990 filings, filing year 2023.
Key Facts (2023 Form 990)
- Total Revenue
- $1.0B
- Total Expenses
- $997.2M
- Total Assets
- $2.7B
- Reserve Months
- 32.4 months
- Surplus / (Deficit)
- $44.9M
- EIN
- 160743140
- Latest 990 Year
- 2023
- Current-Officer Compensation
- $6.0M
- Officer Comp % of Revenue
- 0.58%
The efficiency rubric puts Rochester Institute Of Technology at a B grade: a composite of 67/100 that lands above the national midpoint. The grade reflects solid financial reserves alongside reasonable officer compensation and steady revenue.
On revenue, Rochester Institute Of Technology is among the largest U.S. nonprofits: $1.0B in 2023 reported revenue. Organizations at this scale typically operate hospitals, university systems, or national federations — the financial pattern looks more like a corporation than the small-charity stereotype. Operating reserves at Rochester Institute Of Technology are adequate: the balance sheet covers a reasonable share of annual expenses, though not a deep multi-year cushion.
Five-year revenue has grown modestly. Rochester Institute Of Technology is not expanding rapidly but is not shrinking either; the trajectory is consistent with stable donor and grant relationships. Officer compensation is modest relative to organizational size: Rochester Institute Of Technology reports $6.0M in total compensation for current officers and key employees (Form 990 Part IX, line 5) against $1.0B in revenue. The ratio is well within the bands third-party charity raters consider reasonable at this scale. In the Education category, Rochester Institute Of Technology sits alongside universities, K-12 systems, scholarship funds, and education-research organizations. Education-sector nonprofits often hold large endowments, which affects how the reserves-and-revenue figures should be read.
How Rochester Institute Of Technology Compares
Rochester Institute Of Technology earns a NonprofitTruth efficiency grade of B (67/100). That is 3 points above the Education category average. Compensation for current officers and key employees represents 0.58% of total revenue. The organization holds 32.4 months of operating reserves, indicating strong financial cushion.
990 Financial Snapshot
Based on IRS tax-exempt organization data, Rochester Institute Of Technology reported $1.0B in revenue against $997.2M in total functional expenses for filing year 2023, holding roughly 32.4 months of operating reserves. A program-vs-overhead split is not shown here because total program service expenses (Form 990 Part IX, line 25, column B) are not available in the ProPublica Nonprofit Explorer feed this site ingests; that breakdown can be read directly from the organization’s e-filed 990.
The 990 reports $6.0M in total compensation for current officers, directors, trustees, and key employees (Part IX, line 5) — 0.58% of total revenue. This is an aggregate across all listed officers; per-person amounts appear on Schedule J.
Revenue History
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Rochester Institute Of Technology has a NonprofitTruth Efficiency Score of B (67/100), a financial-structure summary based on operating reserves, multi-year revenue consistency, and officer compensation relative to revenue — all drawn from the organization's IRS Form 990.
Rochester Institute Of Technology, Donor FAQ
Rochester Institute Of Technology has a NonprofitTruth Efficiency Score of B (67/100), a financial-structure summary based on operating reserves, multi-year revenue consistency, and officer compensation relative to revenue — all drawn from the organization's IRS Form 990.
Rochester Institute Of Technology reports $6.0M in total compensation for current officers, directors, trustees, and key employees (IRS Form 990 Part IX, line 5), representing 0.58% of the organization's $1.0B in annual revenue. This is an aggregate figure for all listed officers, not a single executive's salary; per-person pay is detailed on Schedule J of the 990.
Rochester Institute Of Technology reported $1.0B in annual revenue and $997.2M in total expenses for filing year 2023. The organization holds $2.7B in total assets.
Rochester Institute Of Technology holds approximately 32.4 months of operating reserves (total assets relative to annual expenses) based on its 2023 IRS Form 990, one input into its B efficiency grade.
Rochester Institute Of Technology is a registered 501(c) organization with EIN 160743140, based in Rochester, New York. Financial data is sourced from publicly available IRS 990 filings via ProPublica Nonprofit Explorer.
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Financial data is sourced from IRS Form 990 filings via ProPublica Nonprofit Explorer. The Efficiency Score combines three signals the 990 feed actually reports: financial health / operating reserves (40%), multi-year revenue consistency (35%), and current-officer compensation relative to revenue (25%). It does not include a program-spending ratio, because total program service expenses are not exposed by the ProPublica feed; no program ratio is estimated. Filing data may lag 6-18 months from the tax year.