Ocean State Business Development Authority Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 629,099 | 672,384 | −43,285 | 1.3 | 68% |
| 2012 | 710,208 | 632,012 | 78,196 | 2.9 | 69% |
| 2013 | 665,089 | 669,645 | −4,556 | 2.6 | 67% |
| 2014 | 644,614 | 730,305 | −85,691 | 1.0 | 65% |
| 2015 | 576,948 | 630,200 | −53,252 | 0.2 | 61% |
| 2016 | 754,272 | 665,861 | 88,411 | 1.7 | 55% |
| 2017 | 798,639 | 849,528 | −50,889 | 0.0 | 65% |
| 2018 | 889,580 | 841,157 | 48,423 | 0.7 | 60% |
| 2019 | 939,776 | 873,140 | 66,636 | 1.6 | 58% |
| 2020 | 982,598 | 941,612 | 40,986 | 2.0 | 63% |
| 2021 | 1,104,933 | 993,024 | 111,909 | 3.0 | 64% |
| 2022 | 1,243,867 | 1,141,950 | 101,917 | 3.6 | 61% |
| 2023 | 1,348,315 | 1,324,986 | 23,329 | 3.4 | 57% |
In its most recent public year (2023), this organization brought in $23,329 more than it spent. Its reserves stood at about 3.4 months of spending, up from 1.3 in 2011. Staff pay was 57% of spending.
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
Ocean State Business Development Authority Inc's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works