Rhode Island Life And Health Insurance Guaranty Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 334,264 | 686,428 | −352,164 | 64.7 | 13% |
| 2012 | 343,471 | 697,363 | −353,892 | 57.6 | 13% |
| 2013 | 6,931,825 | 8,898,059 | −1,966,234 | 1.9 | 1% |
| 2014 | 307,671 | 428,418 | −120,747 | 35.4 | 25% |
| 2015 | 304,805 | 257,729 | 47,076 | 61.0 | 45% |
| 2016 | 302,035 | 225,543 | 76,492 | 73.7 | 46% |
| 2017 | 2,588,340 | 1,886,794 | 701,546 | 13.3 | 6% |
| 2018 | 313,043 | 207,167 | 105,876 | 127.0 | 49% |
| 2019 | 354,730 | 227,333 | 127,397 | 122.5 | 47% |
| 2020 | 334,993 | 250,836 | 84,157 | 115.0 | 43% |
| 2021 | 350,599 | 256,654 | 93,945 | 116.8 | 41% |
| 2022 | 359,286 | 289,050 | 70,236 | 106.7 | 43% |
| 2023 | 397,111 | 191,394 | 205,717 | 174.0 | 70% |
In its most recent public year (2023), this organization brought in $205,717 more than it spent. Its reserves stood at about 174 months of spending, up from 64.7 in 2011. Staff pay was 70% 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
Rhode Island Life And Health Insurance Guaranty Association'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