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Education · 2023 Form 990

University Of Pittsburgh: $3.1B Revenue, $3.1B Expenses

Pittsburgh, Pennsylvania · EIN 250965591 · Filing year 2023

University Of Pittsburgh reported $3.1B in total revenue, $3.1B in total expenses, and $9.7B in total assets on its 2023 IRS Form 990. Total compensation for current officers and key employees was $7.3M (0.23% of revenue). NonprofitTruth efficiency grade: C (62/100).

Source: ProPublica Nonprofit Explorer — IRS Form 990 filings, filing year 2023.

Reviewed by NonprofitTruth Editorial Team · Updated
C
Efficiency Score
62/100

Key Facts (2023 Form 990)

Total Revenue
$3.1B
Total Expenses
$3.1B
Total Assets
$9.7B
Reserve Months
36.9 months
Surplus / (Deficit)
$-8,572,348
EIN
250965591
Latest 990 Year
2023
Current-Officer Compensation
$7.3M
Officer Comp % of Revenue
0.23%

The composite efficiency score of 62/100 puts University Of Pittsburgh at C — neither standout nor failing. Some factors run above the median (often reserves) while others run below (often revenue stability or officer-comp ratio).

University Of Pittsburgh operates at corporate scale — $3.1B in reported 2023 revenue. At over a billion in annual revenue, nonprofits typically run consolidated operations across multiple states or business lines, and the IRS Form 990 reflects a much larger operational footprint than a typical 501(c)(3). University Of Pittsburgh holds a moderate reserve position relative to its $3.1B in annual expenses — neither fragile nor a large surplus.

Revenue trend is mildly positive across the five-year filing window — modest growth, consistent with stable funding sources keeping pace with organizational costs. Officer compensation is modest relative to organizational size: University Of Pittsburgh reports $7.3M in total compensation for current officers and key employees (Form 990 Part IX, line 5) against $3.1B in revenue. The ratio is well within the bands third-party charity raters consider reasonable at this scale. In the Education category, University Of Pittsburgh 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.


$3.1B
Revenue
$3.1B
Expenses
$9.7B
Total Assets
$7.3M
Officer Compensation

How University Of Pittsburgh Compares

University Of Pittsburgh earns a NonprofitTruth efficiency grade of C (62/100). That is 2 points below the Education category average. Compensation for current officers and key employees represents 0.23% of total revenue. The organization holds 36.9 months of operating reserves, indicating strong financial cushion.

Financials

990 Financial Snapshot

$3.1B
Total Expenses
Filing year 2023
$7.3M
Officer Compensation
0.23% of revenue
36.9 mo
Reserve Months
of expenses in assets

Based on IRS tax-exempt organization data, University Of Pittsburgh reported $3.1B in revenue against $3.1B in total functional expenses for filing year 2023, holding roughly 36.9 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 $7.3M in total compensation for current officers, directors, trustees, and key employees (Part IX, line 5) — 0.23% of total revenue. This is an aggregate across all listed officers; per-person amounts appear on Schedule J.

Trend

Revenue History

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University Of Pittsburgh has a NonprofitTruth Efficiency Score of C (62/100), 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.

University Of Pittsburgh, Donor FAQ

University Of Pittsburgh has a NonprofitTruth Efficiency Score of C (62/100), 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.

University Of Pittsburgh reports $7.3M in total compensation for current officers, directors, trustees, and key employees (IRS Form 990 Part IX, line 5), representing 0.23% of the organization's $3.1B 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.

University Of Pittsburgh reported $3.1B in annual revenue and $3.1B in total expenses for filing year 2023. The organization holds $9.7B in total assets.

University Of Pittsburgh holds approximately 36.9 months of operating reserves (total assets relative to annual expenses) based on its 2023 IRS Form 990, one input into its C efficiency grade.

University Of Pittsburgh is a registered 501(c) organization with EIN 250965591, based in Pittsburgh, Pennsylvania. Financial data is sourced from publicly available IRS 990 filings via ProPublica Nonprofit Explorer.

Sources: IRS 990 Filings, ProPublica Nonprofit Explorer
Last updated:

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.