Rhode Island Medical Society
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 951,415 | 1,118,829 | −167,414 | 16.6 | 51% |
| 2012 | 1,143,879 | 1,245,221 | −101,342 | 14.1 | 45% |
| 2013 | 882,270 | 1,067,167 | −184,897 | 16.2 | 53% |
| 2014 | 966,620 | 1,026,707 | −60,087 | 15.7 | 53% |
| 2015 | 900,664 | 1,071,132 | −170,468 | 12.2 | 49% |
| 2016 | 1,158,249 | 980,735 | 177,514 | 12.7 | 51% |
| 2017 | 830,727 | 892,274 | −61,547 | 13.4 | 49% |
| 2018 | 787,507 | 800,212 | −12,705 | 13.7 | 53% |
| 2019 | 725,244 | 794,160 | −68,916 | 15.2 | 54% |
| 2020 | 655,797 | 808,829 | −153,032 | 13.6 | 55% |
| 2021 | 996,131 | 772,985 | 223,146 | 19.7 | 62% |
| 2022 | 707,186 | 756,899 | −49,713 | 16.3 | 56% |
| 2023 | 693,587 | 711,573 | −17,986 | 19.5 | 52% |
In its most recent public year (2023), this organization spent $17,986 more than it brought in. Its reserves stood at about 19.5 months of spending, up from 16.6 in 2011. Staff pay was 52% of spending. $2,776 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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