Russell Sage College
Russell Sage College reported $96.9 million in revenue and $87.3 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $85.95 went to program services, $13.10 to management and general costs and $0.95 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 78.7% of the total. The highest compensation it reported for one person was $427,413 (FORMER PRESIDENT - THRU JULY 2024). 12 people received more than $100,000 in reportable compensation. Revenue rose 36% between FY2021 and FY2025. Source: Form 990, FY2025.
Where $100 of spending went
The fiscal year ending June 30, 2025 · Form 990, Part IX, line 25 · total expenses $87MFor context, the median across 5,499 covered education charities: $85.56 programs, $13.59 management, $0.85 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
The fiscal year ending June 30, 2025 · Form 990, Part VIII · total revenue $97MThe 990 scorecard · same measures for every charity, no grades
| Measure | FY2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 86.0% | 84.4% |
| Management & general Part IX 25(C) ÷ 25(A) | 13.1% | 13.4% |
| Fundraising Part IX 25(D) ÷ 25(A) | 0.9% | 0.8% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.05 | $0.04 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 18.0% | 19.1% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 2.3% | 1.1% |
| Program service revenue share Part VIII 2g ÷ 12 | 78.7% | 69.9% |
| Highest reported compensation Part VII-A, columns D–F | $427,413 | $331,578 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 0.49% | 1.28% |
| People paid over $100,000 Part VII, line 2 | 12 | 8 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 13.4 | 13.3 |
| Independent voting board members Part VI 1a–1b | 25 of 26 | 100.0% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
FY2025 · Form 990, Part III · the three largest programs by expenseHighest reported compensation
FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| FORMER PRESIDENT - THRU JULY 2024 Director/trustee, officer, 40.00 hrs/week | $354,376 | $0 | $73,037 | $427,413 |
| PROVOST Officer, 40.00 hrs/week | $189,090 | $0 | $23,456 | $212,546 |
| VP FIN/TREASURER Officer, 40.00 hrs/week | $199,744 | $0 | $9,945 | $209,689 |
| PRESIDENT - AS OF JULY 2024 Director/trustee, officer, 40.00 hrs/week | $177,963 | $0 | $7,642 | $185,605 |
| VP OF ENROLLMENT MANAGEMENT Officer, 40.00 hrs/week | $165,488 | $0 | $3,825 | $169,313 |
| VP OF STUDENT LIFE Officer, 40.00 hrs/week | $102,329 | $0 | $47,970 | $150,299 |
| ASST PROVOST FOR STRATEGIC INITIATIVES Highest compensated employee, 40.00 hrs/week | $114,278 | $0 | $33,398 | $147,676 |
| DEAN OF TROY & ALBANY CAMPUS Highest compensated employee, 40.00 hrs/week | $125,682 | $0 | $21,156 | $146,838 |
12 people received more than $100,000 in reportable compensation from Russell Sage College (Part VII, line 2).
5 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b26 · 25 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13Yes
- Document retention policy Part VI 14Yes
- Independent process for top executive pay Part VI 15aYes
- Board given the 990 before filing Part VI 11aYes
- Family or business ties among insiders Part VI 2No
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26No
- Lobbying, or a 501(h) election in effect Part IV 4No
- Over $15,000 of professional fundraising services Part IV 18No
- Over $10,000 of activity outside the U.S. Part IV 14bNo
- Employees Part I, line 51,249
- Volunteers Part I, line 625
Largest outside contractors
FY2025 · Form 990, Part VII, Section B · businesses only| LECHASE CONSTRUCTION SERVICES LLC Contstruction services | $6,034,062 |
| UNIVERISTY HEIGHTS ASSOCIATES Security staff & shuttle drives | $1,236,050 |
| ELLUCIAN COMPANY LP Contract services | $1,014,810 |
| 3 ENROLLMENT MARKETING Contract services | $559,639 |
| PAUL DAVIS SYSTEMS OF THE CAPITAL DISTRI Contstruction services | $364,120 |
Individuals listed as contractors are left out. 12 contractors were paid more than $100,000 in all.
Private foundation grants it received
24 private foundations reported grants to Russell Sage College totaling $246K on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.
Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.
Correct a figure or respond
Every number above is copied from Russell Sage College's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Russell Sage College, you can publish a response that is linked from this page.
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Of every $100 Russell Sage College spent in FY2025, $85.95 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
- Cotter SchoolsWinona, MN · revenue $97M · programs 83.8% · FY2025
- Soka University of AmericaAliso Viejo, CA · revenue $97M · programs 61.7% · FY2025
- The Madeira SchoolMcLean, VA · revenue $97M · programs 80.2% · FY2025
- Utica UniversityUtica, NY · revenue $97M · programs 87.2% · FY2025
- The Academy Charter SchoolHempstead, NY · revenue $97M · programs 73.7% · FY2025
Questions people ask
How much of Russell Sage College's spending goes to programs?
In the fiscal year ending June 30, 2025, Russell Sage College reported that 86.0% of its $87.3 million in expenses went to program services, 13.1% to management and general and 0.9% to fundraising (Form 990, Part IX).
How much does Russell Sage College pay its top executive?
The largest total compensation Russell Sage College reported for one person in the fiscal year ending June 30, 2025 was $427,413, for the role of FORMER PRESIDENT - THRU JULY 2024 (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Russell Sage College get its money?
Of $96.9 million in revenue in the fiscal year ending June 30, 2025, 18.0% came from contributions and grants (including 2.3% from government grants) and 78.7% from program service revenue (Form 990, Part VIII).
Is Russell Sage College a registered charity?
The IRS lists EIN 14-1338488 as a 501(c)(3) organization (school), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- FY2025: Form 990 for the fiscal year ending June 30, 2025, object 202610359349301101 · read the filing · XML
- FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202530169349300523 · read the filing
- FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202333499349300338 · read the filing
- FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202243419349300044 · read the filing
- FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202200619349301110 · read the filing
All filings for EIN 14-1338488: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.