UNIVERSITY OF ROCHESTER
Income Statement
Fiscal Year Start:
Jul 1
Revenues in 2024
$5,909,399,276
Program Services
88%
Government Grants
6%
Other
2%
Contributions
2%
Investments
2%
Fundraising Events
<1%
Membership Dues
0%
Expenses in 2024
$5,793,073,154
Salaries & Benefits
55%
Other
22%
Fees to Service Providers
7%
Offices, Occupancy & IT
6%
Grants
5%
Depreciation
4%
Interest
<1%
Advertising & Promotion
<1%
Benefits to Members
0%
Revenues
2023
2024
Change
Contributions
$84,586,967
$109,947,459
+30%
Government Grants
$369,336,784
$374,164,388
+1%
Fundraising Events
$3,765,398
$4,615,287
+23%
Program Services
$4,644,452,541
$5,204,263,904
+12%
Membership Dues
$0
$0
-
Investments
$227,577,253
$103,676,367
-54%
Other
$85,299,926
$112,731,871
+32%
Total Revenues
$5,415,018,869
$5,909,399,276
+9%
Expenses
2023
2024
Change
Grants
$369,878,164
$279,621,477
-24%
Benefits to Members
$0
$0
-
Salaries & Benefits
$2,938,085,799
$3,202,823,430
+9%
Fees to Service Providers
$338,426,818
$386,346,536
+14%
Advertising & Promotion
$2,876,824
$3,355,390
+17%
Offices, Occupancy & IT
$318,899,263
$331,368,200
+4%
Interest
$44,371,926
$53,616,858
+21%
Depreciation
$220,271,257
$247,654,026
+12%
Other
$1,104,745,354
$1,288,287,237
+17%
Total Expenses
$5,337,555,405
$5,793,073,154
+9%
Net income
2023
2024
Change
Net income
+$77,463,464
+$116,326,122
+50%
Functional Expenses
Summary
2023
2024
Change
Program
$5,119,924,838
$5,579,296,911
+9%
Admin
$173,238,727
$164,165,812
-5%
Fundraising
$44,391,840
$49,610,431
+12%
Total Expenses
$5,337,555,405
$5,793,073,154
+9%
Copyright 2026. All rights reserved to Chario Inc. (d.b.a. Impala)