Rhode Island Property & Casualty Insurance Guaranty Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 3,378,527 | 3,054,418 | 324,109 | 89.5 | 0% |
| 2012 | 4,756,993 | 1,505,546 | 3,251,447 | 207.5 | 0% |
| 2013 | 2,401,916 | 4,480,225 | −2,078,309 | 64.2 | 0% |
| 2014 | 1,659,904 | 2,287,947 | −628,043 | 122.3 | 0% |
| 2015 | 5,592,309 | 4,479,342 | 1,112,967 | 65.5 | 0% |
| 2016 | 3,042,821 | 5,238,135 | −2,195,314 | 51.0 | 0% |
| 2017 | 3,458,554 | 1,351,032 | 2,107,522 | 216.3 | 0% |
| 2018 | 6,308,452 | 3,433,273 | 2,875,179 | 95.2 | 0% |
| 2019 | 5,453,151 | 2,145,816 | 3,307,335 | 170.8 | 0% |
| 2020 | 1,949,137 | 6,923,791 | −4,974,654 | 44.3 | 0% |
| 2021 | 1,211,306 | 6,558,943 | −5,347,637 | 37.0 | 0% |
| 2022 | 393,663 | 2,957,566 | −2,563,903 | 71.6 | 0% |
| 2023 | 1,464,759 | 3,510,594 | −2,045,835 | 53.3 | 0% |
In its most recent public year (2023), this organization spent $2,045,835 more than it brought in. Its reserves stood at about 53.3 months of spending, down from 89.5 in 2011. Staff pay was 0% 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 Property & Casualty 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