Rican-Rhode Island Center Assisting Those In Need
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 244,194 | 195,821 | 48,373 | 15.8 | 34% |
| 2012 | 295,583 | 194,634 | 100,949 | 22.1 | 39% |
| 2013 | 338,106 | 190,341 | 147,765 | 31.9 | 43% |
| 2014 | 957,924 | 1,009,639 | −51,715 | 5.1 | 10% |
| 2015 | 734,295 | 796,095 | −61,800 | 5.5 | 12% |
| 2016 | 744,739 | 750,327 | −5,588 | 5.8 | 8% |
| 2017 | 862,456 | 783,258 | 79,198 | 6.7 | 7% |
| 2018 | 894,940 | 869,216 | 25,724 | 6.4 | 7% |
| 2019 | 821,674 | 774,693 | 46,981 | 7.9 | 8% |
| 2020 | 2,109,867 | 1,635,397 | 474,470 | 7.2 | 4% |
| 2021 | 1,416,754 | 1,288,997 | 127,757 | 10.4 | 10% |
| 2022 | 1,812,093 | 1,547,915 | 264,178 | 10.7 | 11% |
| 2023 | 1,606,267 | 1,553,699 | 52,568 | 11.1 | 14% |
In its most recent public year (2023), this organization brought in $52,568 more than it spent. Its reserves stood at about 11.1 months of spending, down from 15.8 in 2011. Staff pay was 14% of spending. $289,280 of its net assets are donor-restricted.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
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