RENSSELAER POLYTECHNIC INSTITUTE
110 8TH ST, TROY, NY · IRS data through FY2025
Revenue, expenses and net assets
Revenue Expenses Net assets
| Tax year | Revenue | Expenses | Net assets |
|---|---|---|---|
| FY2025 | $737,196,871 | $732,523,751 | $969,052,872 |
| FY2024 | $709,446,445 | $703,203,246 | $916,335,206 |
| FY2023 | $666,573,071 | $642,598,495 | $843,205,299 |
| FY2022 | $703,187,253 | $582,168,465 | $751,673,923 |
| FY2021 | $616,594,821 | $562,649,898 | $932,424,946 |
| FY2020 | $653,047,178 | $619,342,522 | $521,885,237 |
| FY2019 | $650,314,799 | $593,266,333 | $541,928,476 |
| FY2018 | $591,700,082 | $560,412,067 | $527,341,047 |
| FY2017 | $588,745,611 | $543,879,171 | $442,676,483 |
| FY2016 | $537,886,619 | $518,499,017 | $363,781,098 |
| FY2015 | $531,099,741 | $507,375,853 | $432,580,531 |
| FY2014 | $499,105,587 | $503,059,231 | $459,735,496 |
| FY2013 | $484,049,837 | $502,143,726 | $414,801,636 |
| FY2012 | $437,316,123 | $490,105,839 | $362,940,873 |
Where the revenue came from
| Source | Amount | % of revenue |
|---|---|---|
| Contributions & grants | $144,480,567 | 22% |
| Program service revenue | $513,224,949 | 78% |
Where the money was spent
| Category | Amount | % of expenses |
|---|---|---|
| Program services | $644,181,343 | 88% |
| Management & general | $78,388,419 | 11% |
| Fundraising | $9,953,989 | 1% |
What the numbers show
- Program service revenue made up 78% of total revenue in FY2025.
- Program services accounted for 88% of functional expenses, management & general 11%, and fundraising 1%.
- 88% of functional expenses went to program services in FY2025. That is higher than 64.3% of 412 Education organizations in NY.
- Net assets covered about 15.9 months of expenses at the end of the reporting year. That puts it in the 51st percentile among 4125 Education organizations in NY.
- Total revenue was higher than 99.7% of 4251 Education organizations in NY.
- Total revenue rose from $437,316,123 in FY2012 to $737,196,871 in FY2025, Revenue increased in 11 and decreased in 2 of 13 year-over-year comparisons.
- Expenses exceeded revenue in 3 of 14 reported years (FY2012, FY2013, FY2014).
- Net assets grew from $362,940,873 to $969,052,872 between FY2012 and FY2025.
- Contributions and grants made up 6% of revenue in FY2012 and 20% in FY2025.
- Donations are generally tax-deductible (public charity).
Figures compared against other organizations of the same NTEE program area in the same state. See the methodology page for how these are calculated and the guide to reading nonprofit financials for their limits.
About this organization
Rensselaer educates the leaders of tomorrow for technologically based careers. We celebrate discovery and the responsible application of technology to create knowledge and global prosperity.
IRS status
| Ruling year | 1941 |
| Subsection | 501(c)(3) |
| Classification | Public charity |
| Program area (NTEE) | B430 — Education (in NY) |
| Donations | Donations are generally tax-deductible (public charity). |
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Source: Internal Revenue Service — Exempt Organizations Business Master File (downloaded September 20, 2026), Statistics of Income extracts, Form 990 e-file data, Publication 78 and the Automatic Revocation list. Figures are as reported by the organization; IRS processing may adjust them. This is not a charity rating and not tax advice. Confirm deductibility in IRS Tax Exempt Organization Search.
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