Aquinas Institute of Rochester

Analysis

Aquinas Institute of Rochester is a registered charity in United States, based in Rochester, NY. It received its IRS tax-exemption ruling in August 1994, 32 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 2024, Aquinas Institute of Rochester reported income of $10.5m and spending of $11.3m, spending 107% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income grew from $9.0m to $10.5m (+18%), an average of +3.3% a year. The sharpest change came in the year to June 2021, when income rose by 31%. Over the whole period it spent 106% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Aquinas Institute of Rochester sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 93rd percentile within NY. Charities of a similar size with the same main cause include Charitable Gift America Inc ($10.5m), East Orange Community Charter School Inc ($10.6m) and Legacy of Excellence Inc ($10.5m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 33% and program service revenue 61% of the total. Compensation of current officers, directors and key employees was $594k (5.2% of expenses). Other salaries and wages came to $5.5m. At year end it held assets of $5.4m against liabilities of $2.9m, net assets of $2.6m. It reported 229 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.