Robert Morris University
Analysis
Robert Morris University is a registered charity in United States, based in Moon Township, PA. It received its IRS tax-exemption ruling in October 1940, 86 years ago. 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 May 2021, Robert Morris University reported income of $165.1m and spending of $164.5m, spending 100% of its income. Across the 3 years on record, from May 2019 to May 2021, income fell from $184.0m to $165.1m (-10%), an average of -5.3% a year. Over the whole period it spent 97% of the income it received.
Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Robert Morris University sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 100th percentile, and in the 99th percentile within PA. Charities of a similar size with the same main cause include Ecumen ($164.5m), Consortium for Elections and Political Process Strengthening ($165.1m) and Rose-Hulman Institute of Technology ($164.4m).
On its Form 990 for the period ending May 2021, revenue came from contributions and grants 12% and program service revenue 87% of the total. Compensation of current officers, directors and key employees was $3.1m (1.9% of expenses). Other salaries and wages came to $48.8m. At year end it held assets of $284.8m against liabilities of $126.2m, net assets of $158.6m. It reported 1,468 employees.
Income and spending
Where the income comes from
- Contributions & grants 12%
- Program services 87%
- Other 1.3%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Ecumen | Shoreview | $164.5m |
| Consortium for Elections and Political Process Strengthening | Washington | $165.1m |
| Rose-Hulman Institute of Technology | Terre Haute | $164.4m |
| San Francisco Food Bank | San Francisco | $165.7m |