Rochester University
Analysis
Rochester University is a registered charity in United States, based in Irvine, CA. It received its IRS tax-exemption ruling in January 2018, 8 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 December 2023, Rochester University reported income of $1.3m and spending of $870k, leaving 35% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $450k to $1.3m (+198%), an average of +72% a year. The sharpest change came in the year to December 2022, when income rose by 149%. Over the whole period it spent 64% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Rochester University sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 83rd percentile within CA. Charities of a similar size with the same main cause include Great Neck Community School ($1.3m), The Foundation for the College System of Tennessee ($1.3m) and Council on Educational Standards and Accountability ($1.3m).
On its Form 990 for the period ending December 2023, revenue came from program service revenue 94% of the total. Other salaries and wages came to $425k. At year end it held assets of $1.0m against liabilities of $8,722, net assets of $1.0m. It reported 15 employees.
Income and spending
Where the income comes from
- Program services 94%
- Other 6.3%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Great Neck Community School | Great Neck | $1.3m |
| The Foundation for the College System of Tennessee | Nashville | $1.3m |
| Council on Educational Standards and Accountability | Kennesaw | $1.3m |
| Fern-Waters Public Charter School Incorporated | Salmon | $1.3m |