Rosedale Technical College

Analysis

Rosedale Technical College is a registered charity in United States, based in Pittsburgh, PA. It received its IRS tax-exemption ruling in February 1996, 30 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, Rosedale Technical College reported income of $12.8m and spending of $9.7m, leaving 24% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $8.8m to $12.8m (+46%), an average of +9.8% a year. The sharpest change came in the year to June 2021, when income rose by 24%. Over the whole period it spent 88% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Rosedale Technical College 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 96th percentile, and in the 95th percentile within PA. Charities of a similar size with the same main cause include Falls Lake Academy Inc ($12.8m), East Waco Innovative School Development Inc ($12.8m) and Bais Shaindel ($12.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 38% and program service revenue 60% of the total. Other salaries and wages came to $3.8m. At year end it held assets of $27.5m against liabilities of $18.5m, net assets of $8.9m. It reported 96 employees.