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Rensselaer Polytechnic Institute

Troy, NY · EIN 14-1340095 · 501(c)(3) · School
Latest filing: Form 990 for the fiscal year ending June 30, 2025 (tax year 2024) · View the filing · Correct or respond

Rensselaer Polytechnic Institute reported $737.2 million in revenue and $732.5 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $87.94 went to program services, $10.70 to management and general costs and $1.36 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 69.6% of the total. Government grants made up 9.5%. The highest compensation it reported for one person was $1,306,266 (President). 502 people received more than $100,000 in reportable compensation. Revenue rose 13% between FY2020 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 $733M

For 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 $737M

The 990 scorecard · same measures for every charity, no grades

FY2025 filing. Median across 5,499 covered charities in this category, from their latest filings.
MeasureFY2025Median
Program services
Part IX 25(B) ÷ 25(A)
87.9%84.4%
Management & general
Part IX 25(C) ÷ 25(A)
10.7%13.4%
Fundraising
Part IX 25(D) ÷ 25(A)
1.4%0.8%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.07$0.04
Contributions & grants share of revenue
Part VIII 1h ÷ 12
19.6%19.1%
Government grants share of revenue
Part VIII 1e ÷ 12
9.5%1.1%
Program service revenue share
Part VIII 2g ÷ 12
69.6%69.9%
Highest reported compensation
Part VII-A, columns D–F
$1,306,266$331,578
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
0.18%1.28%
People paid over $100,000
Part VII, line 2
5028
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
15.913.3
Independent voting board members
Part VI 1a–1b
22 of 22100.0%

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 expense
$242M expenses · 37.6% of program spending · grants $27M · revenue $504M

Instruction Number of students enrolled: Undergraduate: 5687 Graduate: 1280 Special: 54

$242M expenses · 37.5% of program spending · grants $240M

Scholarships and Fellowships. Number of undergraduate students on scholarship: 5338 Number of graduate students on scholarships/fellowships: 1158

$107M expenses · 16.6% of program spending · grants $23M

Research Number of active research projects: 510

$54M all other programs (line 4d)

Highest reported compensation

FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
President
Officer, 55.0 hrs/week
$1,230,040$0$76,226$1,306,266
Provost
Officer, 40.0 hrs/week
$676,131$0$53,481$729,612
Vice President for Strategic Alliances and Translation
Officer, 45.0 hrs/week
$526,502$0$53,146$579,648
VP of Institute Advancement
Officer, 40.0 hrs/week
$508,202$0$62,907$571,109
Secretary and General Counsel
Officer, 40.0 hrs/week
$514,929$0$53,343$568,272
Vice President for Information Services & CTO
Officer, 40.0 hrs/week
$498,472$0$52,143$550,615
Vice President for Finance and CFO
Officer, 40.0 hrs/week
$453,278$0$63,497$516,775
VP and Chief Strategy Officer for Institutional Impact
Officer, 40.0 hrs/week
$450,633$0$44,295$494,928

502 people received more than $100,000 in reportable compensation from Rensselaer Polytechnic Institute (Part VII, line 2). Compensation of current officers, directors and key employees totaled $7.8M (Part IX, line 5).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$200M$400M$600M$800MFY2020FY2021FY2022FY2023FY2024FY2025$737M$733M
FilingRevenueExpensesProgramsNet assetsTop pay
FY2025 ⓘ$737M$733M87.9%$969M$1,306,266
FY2024 ⓘ$709M$703M89.3%$916M$2,470,932
FY2023 ⓘ$667M$643M89.9%$843M$2,517,655
FY2022 ⓘ$703M$582M89.2%$752M$2,466,927
FY2021 ⓘ$617M$563M88.4%$932M$4,997,156
FY2020 ⓘ$653M$619M90.7%$522M$2,647,945

Governance 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–1b22 · 22 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 4Yes
  • Over $15,000 of professional fundraising services Part IV 18Yes
  • Over $10,000 of activity outside the U.S. Part IV 14bYes
  • Employees Part I, line 55,136
  • Volunteers Part I, line 61,874

Largest outside contractors

FY2025 · Form 990, Part VII, Section B · businesses only
Sodexo Management Inc
Food and facilities management
$18,518,391
E & B Global Inc
Consulting
$1,988,696
Titan Roofing Inc
Roofing Services
$1,645,382
AOW Construction LLC
Construction Services
$1,189,050
Yankee Trails Inc
Transportation Services
$1,185,625

Individuals listed as contractors are left out. 103 contractors were paid more than $100,000 in all.

Private foundation grants it received

79 private foundations reported grants to Rensselaer Polytechnic Institute totaling $33M 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 Rensselaer Polytechnic Institute's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Rensselaer Polytechnic Institute, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All education charities · Largest charities in New York

Questions people ask

How much of Rensselaer Polytechnic Institute's spending goes to programs?

In the fiscal year ending June 30, 2025, Rensselaer Polytechnic Institute reported that 87.9% of its $732.5 million in expenses went to program services, 10.7% to management and general and 1.4% to fundraising (Form 990, Part IX).

How much does Rensselaer Polytechnic Institute pay its top executive?

The largest total compensation Rensselaer Polytechnic Institute reported for one person in the fiscal year ending June 30, 2025 was $1,306,266, for the role of President (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Rensselaer Polytechnic Institute get its money?

Of $737.2 million in revenue in the fiscal year ending June 30, 2025, 19.6% came from contributions and grants (including 9.5% from government grants) and 69.6% from program service revenue (Form 990, Part VIII).

Is Rensselaer Polytechnic Institute a registered charity?

The IRS lists EIN 14-1340095 as a 501(c)(3) organization (school), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 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 202631359349300033 · read the filing
  • FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202541359349306869 · read the filing
  • FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202441369349311794 · read the filing
  • FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202301359349308875 · read the filing
  • FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202221369349317382 · read the filing
  • FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202111379349301416 · read the filing

All filings for EIN 14-1340095: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.