Russell Sage College

Analysis

Russell Sage College is a registered charity in United States, based in Troy, NY. It received its IRS tax-exemption ruling in January 1945, 81 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Russell Sage College reported income of $71.7m and spending of $71.2m, spending 99% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $74.6m to $71.7m (-3.9%), an average of -1.0% a year. Over the whole period it spent 95% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Russell Sage College sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 98th percentile within NY. Charities of a similar size with the same main cause include Packer Collegiate Institute ($71.5m), Minnesota Transitions Chartered School ($71.8m) and Dean College ($71.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 11% and program service revenue 87% of the total. Compensation of current officers, directors and key employees was $1.4m (2.0% of expenses). Other salaries and wages came to $21.4m. At year end it held assets of $99.6m against liabilities of $20.2m, net assets of $79.4m. It reported 1,241 employees.