LA Roche University

Analysis

LA Roche University is a registered charity in United States, based in Pittsburgh, PA. It received its IRS tax-exemption ruling in March 1946, 80 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, LA Roche University reported income of $38.6m and spending of $44.3m, spending 115% of what it took in. Across the 4 years on record, from June 2019 to June 2023, income fell from $43.5m to $38.6m (-11%), an average of -3.9% a year. The sharpest change came in the year to June 2023, when income dropped by 31%. Over the whole period it spent 97% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, LA Roche University sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within PA. Charities of a similar size with the same main cause include Bowling Green State University Foundation Inc ($38.6m), Charter School for Applied Technologies ($38.7m) and Maret School Inc ($38.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 2.2% and program service revenue 94% of the total. Compensation of current officers, directors and key employees was $749k (1.7% of expenses). Other salaries and wages came to $12.2m. At year end it held assets of $44.6m against liabilities of $24.4m, net assets of $20.2m. It reported 336 employees.