Rochester General College of Health Careers

Analysis

Rochester General College of Health Careers is a registered charity in United States, based in Rochester, NY. It received its IRS tax-exemption ruling in July 2022, 4 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 General College of Health Careers reported income of $1.1m and spending of $2.7m, spending 252% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $379k to $1.1m (+180%), an average of +180% a year. The sharpest change came in the year to December 2023, when income rose by 180%. Over the whole period it spent 260% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Rochester General College of Health Careers sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 76th percentile within NY. Charities of a similar size with the same main cause include Truxton Academy Charter School ($1.1m), Grand Haven Christian School Endowment Fund ($1.1m) and Iowa College Access Network ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $1.2m. At year end it held assets of $1.3m against liabilities of $3.6m, net assets of -$2.3m.