Rochester Christian University
Analysis
Rochester Christian University is a registered charity in United States, based in Rochester HLS, MI. It received its IRS tax-exemption ruling in September 1963, 63 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 2024, Rochester Christian University reported income of $24.7m and spending of $25.6m, spending 104% of its income. Across the 5 years on record, from May 2020 to May 2024, income grew from $21.6m to $24.7m (+14%), an average of +3.4% a year. Over the whole period it spent 95% of the income it received.
Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Rochester Christian 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 MI. Charities of a similar size with the same main cause include Visiting Nurse Association of Central Jersey Inc ($24.7m), Life St Joseph of the Pines Inc ($24.7m) and The Denver Health and Hospitals Foundation ($24.7m).
On its Form 990 for the period ending May 2024, revenue came from contributions and grants 5.1% and program service revenue 94% of the total. Compensation of current officers, directors and key employees was $979k (3.8% of expenses). Other salaries and wages came to $7.2m. At year end it held assets of $29.3m against liabilities of $22.5m, net assets of $6.7m. It reported 409 employees.
Income and spending
Where the income comes from
- Contributions & grants 5.1%
- Program services 94%
- Other 1.2%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Visiting Nurse Association of Central Jersey Inc | Holmdel | $24.7m |
| Life St Joseph of the Pines Inc | Livonia | $24.7m |
| The Denver Health and Hospitals Foundation | Denver | $24.7m |
| Hudson Institute Inc | Washington | $24.8m |