Rochester Institute Of Technology
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 603,652,596 | 574,927,963 | 28,724,633 | 20.6 | 40% |
| 2012 | 659,927,517 | 609,883,924 | 50,043,593 | 19.8 | 39% |
| 2013 | 661,593,139 | 636,901,120 | 24,692,019 | 20.0 | 39% |
| 2014 | 682,973,729 | 655,505,997 | 27,467,732 | 21.0 | 38% |
| 2015 | 701,662,801 | 662,338,959 | 39,323,842 | 21.1 | 39% |
| 2016 | 743,214,060 | 717,452,997 | 25,761,063 | 19.3 | 38% |
| 2017 | 729,320,428 | 746,327,827 | −17,007,399 | 19.8 | 38% |
| 2018 | 846,043,530 | 679,958,794 | 166,084,736 | 25.3 | 43% |
| 2019 | 846,261,436 | 797,214,115 | 49,047,321 | 22.6 | 37% |
| 2020 | 849,584,640 | 813,924,493 | 35,660,147 | 22.4 | 36% |
| 2022 | 1,071,324,345 | 922,322,587 | 149,001,758 | 24.9 | 33% |
| 2023 | 1,042,122,687 | 997,198,958 | 44,923,729 | 23.8 | 33% |
In its most recent public year (2023), this organization brought in $44,923,729 more than it spent. Its reserves stood at about 23.8 months of spending, up from 20.6 in 2011. Staff pay was 33% of spending. $684,148,491 of its net assets are donor-restricted.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
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