NEW YORK INSTITUTE OF TECHNOLOGY

NEW YORK INSTITUTE OF TECHNOLOGY

OLD WESTBURY, NY, US
501(c)(3)
EIN
11-1788788
School

NEW YORK INSTITUTE OF TECHNOLOGY

OLD WESTBURY, NY, US
501(c)(3)
EIN
11-1788788
School

Overview

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Est.

1955

Fiscal Year Start

Jul 1

Organization Type

Grantseeker
AI Summary
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The New York Institute of Technology (EIN: 11-1788788) is a nonprofit organization dedicated to university education, with a mission to educate the next generation of leaders and inspire innovation. With an operating budget of $286 million and total revenue of $381.5 million for the filing year 2024, the organization has a diverse funding base, with no single funder contributing 50% or more of its revenue. More information can be found on their website at www.nyit.edu.

Mission Statement

WE ARE COMMITTED TO EDUCATING THE NEXT GENERATION OF LEADERS AND INSPIRING INNOVATION. (SEE SCH O)
Revenues

$381.5M

Expenses

$366.4M

Net Income:
+$15.1M
Assets

$586.7M

Liabilities

$327.6M

Net Assets:
+$259.1M
Operating Budget

$286M

Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants

26

Median grant size
$26.5K
Largest grant received
$272.9K
D
DR Henry Foley
Board Member
H
Henry Iervolino
Board Member
T
Ted Moudis
Board Member

Frequently Asked Questions

What is NEW YORK INSTITUTE OF TECHNOLOGY’s budget?
In 2024, NEW YORK INSTITUTE OF TECHNOLOGY reported an annual operating budget of around $286 million. More detailed financial information is available to registered users.
What causes does NEW YORK INSTITUTE OF TECHNOLOGY support?
NEW YORK INSTITUTE OF TECHNOLOGY supports work in University education.
Where does NEW YORK INSTITUTE OF TECHNOLOGY operate?
NEW YORK INSTITUTE OF TECHNOLOGY is headquartered in OLD WESTBURY, NY.
Who funded NEW YORK INSTITUTE OF TECHNOLOGY recently?
In 2025, NEW YORK INSTITUTE OF TECHNOLOGY received grants from AMERICAN ONLINE GIVING FOUNDATION INC, ARKANSAS COMMUNITY FOUNDATION INC, and ARKANSAS COMMUNITY FOUNDATION INC. More information on this organization’s funders is available to registered users.
What is the largest grant NEW YORK INSTITUTE OF TECHNOLOGY received in 2024?
The largest grant to NEW YORK INSTITUTE OF TECHNOLOGY in 2024 exceeds $273 thousand.
What is NEW YORK INSTITUTE OF TECHNOLOGY’s reliance on government grants?
NEW YORK INSTITUTE OF TECHNOLOGY relied on government grants for less than 5% of their total revenue in 2024.
Overview
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