Rose-Hulman Institute of Technology

Analysis

Rose-Hulman Institute of Technology is a registered charity in United States, based in Terre Haute, IN. It received its IRS tax-exemption ruling in July 1941, 85 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 June 2023, Rose-Hulman Institute of Technology reported income of $164.4m and spending of $163.7m, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $142.1m to $164.4m (+16%), an average of +3.7% a year. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Rose-Hulman Institute of Technology 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 100th percentile within IN. Charities of a similar size with the same main cause include St Francis Xavier University ($164.1m), Ecumen ($164.5m) and United Service Organizations Inc ($163.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 12% and program service revenue 83% of the total. Compensation of current officers, directors and key employees was $3.3m (2.0% of expenses). Other salaries and wages came to $43.7m. At year end it held assets of $495.6m against liabilities of $105.6m, net assets of $389.9m. It reported 1,798 employees.