Rochester Institute of Technology

Rochester, NY, 146235604 (585) 475-2383 Est. 1830 EIN 16-0743140
B430 - Education 990 - Public charity return 501(c)(3)
www.rit.edu

Mission

ROCHESTER INSTITUTE OF TECHNOLOGY (RIT) SHAPES THE FUTURE AND IMPROVES THE WORLD THROUGH CREATIVITY AND INNOVATION. AS AN ENGAGED, INTELLECTUALLY CURIOUS, AND SOCIALLY CONSCIOUS COMMUNITY, RIT LEVERAGES THE POWER OF TECHNOLOGY, THE ARTS, AND DESIGN FOR THE GREATER GOOD.

Giving Portfolio

Total Grants
120
Total Giving
$2.2M
Recipients
120
Years Active
2017 - 2024
Avg grant: $18,831 Median: $12,525

Yearly Trends

YearGrantsTotal Giving Avg GrantNewRepeat
202422$307K $14K913
202230$578K $19K1218
202119$366K $19K712
202014$251K $18K68
201918$337K $19K117
201717$406K $24K170

Sectors Funded

Education
24
Community Improvement
13
Human Services
10
Diseases & Disorders
9
Arts, Culture & Humanities
6
Health Care
5
Recreation & Sports
4
Animal-Related
2
and 5 more sectors

Top States

New York
61
Maryland
12
District of Columbia
9
Florida
7
Virginia
6
Tennessee
5
Pennsylvania
3
Colorado
3
and 7 more states

Grantee Size Profile

$1M - $5M
30
$10M - $50M
28
$100K - $500K
14
$500K - $1M
14
$5M - $10M
9
Over $50M
5
Under $100K
1

Top Grantees

Page 1 of 3
HENRIETTA FIRE DISTRICT
NY - 6 grants
$300K
HOCKEY WESTERN NEW YORK LLC
NY - 3 grants
$81K

Grants Awarded · 102 grants

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Financials

Total Revenue
$1,173,696,705
Total Expenses
$1,125,942,387
Net Assets
$2,278,903,517
12,536 employees 4,110 volunteers
From latest filing (tax period ending 2025-06-30)

Financial Health

Operating Reserve
2.0 years Healthy
Net assets / monthly expenses
Year-over-Year Change
Revenue ↑ 1.5%
Expenses ↑ 3.1%
Revenue Sources
Contributions 18.0% Earned revenue 74.4% Investment 6.9% Other 1.0%
Expense Breakdown
Program 92.5% Management 6.3% Fundraising 1.2%

Officers & Trustees (67)

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Filing History (6 filings)

YearRevenueExpensesNet Assets
2024 990 - Public charity return
Jul 1, 2024 to Jun 30, 2025
$1,173,696,705 ↑$1,125,942,387$2,278,903,517
2022 990 - Public charity return
Jul 1, 2022 to Jun 30, 2023
$1,042,122,687 ↓$997,198,958$1,976,873,090
2021 990 - Public charity return
Jul 1, 2021 to Jun 30, 2022
$1,071,324,345 ↑$922,322,587$1,912,245,355
2020 990 - Public charity return
Jul 1, 2020 to Jun 30, 2021
$909,573,181 ↑$834,790,858$1,909,016,931
2019 990 - Public charity return
Jul 1, 2019 to Jun 30, 2020
$849,584,640 ↑$813,924,493$1,521,892,241
2017 990 - Public charity return
Jul 1, 2017 to Jun 30, 2018
$846,043,530 $679,958,794$1,434,276,996

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EIN: 16-0743140 · Source: IRS Form 990 e-file data