Ocean State Charities Trust
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 220,568 | 396,237 | −175,669 | 171.0 | 17% |
| 2012 | 949,309 | 441,699 | 507,610 | 151.0 | 18% |
| 2013 | 577,255 | 422,457 | 154,798 | 163.2 | 18% |
| 2014 | 555,987 | 387,282 | 168,705 | 193.1 | 21% |
| 2015 | 478,933 | 433,285 | 45,648 | 170.0 | 18% |
| 2016 | 396,456 | 453,114 | −56,658 | 158.7 | 19% |
| 2017 | 475,351 | 483,326 | −7,975 | 149.4 | 21% |
| 2018 | 353,235 | 479,083 | −125,848 | 148.0 | 21% |
| 2019 | 300,653 | 482,025 | −181,372 | 146.9 | 22% |
| 2020 | 239,397 | 514,200 | −274,803 | 136.2 | 21% |
| 2021 | 623,064 | 546,455 | 76,609 | 141.8 | 20% |
| 2022 | 495,993 | 533,825 | −37,832 | 117.9 | 22% |
| 2023 | 539,797 | 617,801 | −78,004 | 100.1 | 21% |
In its most recent public year (2023), this organization spent $78,004 more than it brought in. Its reserves stood at about 100.1 months of spending, down from 171 in 2011. Staff pay was 21% of spending. $328,024 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
Ocean State Charities Trust'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