UNIVERSITY OF PITTSBURGH
UNIVERSITY OF PITTSBURGH
Pittsburgh, PA, US
•
501(c)(3)
•
EIN
25-0965591
•
School
UNIVERSITY OF PITTSBURGH
Pittsburgh, PA, US
•
501(c)(3)
•
EIN
25-0965591
•
School
Income Statement
Fiscal Year Start:
Jul 1
Revenues in 2024
$3,425,374,580
Program Services
73%
Other
12%
Government Grants
7%
Contributions
5%
Investments
3%
Fundraising Events
<1%
Membership Dues
0%
Expenses in 2024
$3,393,447,240
Salaries & Benefits
55%
Grants
13%
Offices, Occupancy & IT
11%
Fees to Service Providers
10%
Depreciation
6%
Other
3%
Interest
2%
Advertising & Promotion
<1%
Benefits to Members
0%
Revenues
2023
2024
Change
Contributions
$125,016,547
$174,136,934
+39%
Government Grants
$206,494,670
$243,334,703
+18%
Fundraising Events
$1,511,807
$106,686
-93%
Program Services
$2,401,300,421
$2,509,852,176
+5%
Membership Dues
$0
$0
-
Investments
$99,001,656
$98,276,290
-1%
Other
$306,245,855
$399,667,791
+31%
Total Revenues
$3,139,570,956
$3,425,374,580
+9%
Expenses
2023
2024
Change
Grants
$429,008,070
$447,904,609
+4%
Benefits to Members
$0
$0
-
Salaries & Benefits
$1,687,354,051
$1,853,901,516
+10%
Fees to Service Providers
$314,389,937
$346,778,901
+10%
Advertising & Promotion
$2,307,877
$3,273,098
+42%
Offices, Occupancy & IT
$352,534,065
$360,377,744
+2%
Interest
$58,750,716
$62,748,164
+7%
Depreciation
$203,445,678
$215,299,571
+6%
Other
$100,352,910
$103,163,637
+3%
Total Expenses
$3,148,143,304
$3,393,447,240
+8%
Net income
2023
2024
Change
Net income
-$8,572,348
+$31,927,340
-472%
Functional Expenses
Summary
2023
2024
Change
Program
$2,845,138,582
$3,052,695,062
+7%
Admin
$273,157,477
$306,874,311
+12%
Fundraising
$29,847,245
$33,877,867
+14%
Total Expenses
$3,148,143,304
$3,393,447,240
+8%
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