Rhode Island College Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 3,390,181 | 2,173,778 | 1,216,403 | 118.0 | 20% |
| 2012 | 3,952,926 | 2,116,037 | 1,836,889 | 126.4 | 12% |
| 2013 | 3,448,565 | 1,782,337 | 1,666,228 | 163.3 | 9% |
| 2014 | 3,808,596 | 1,996,791 | 1,811,805 | 166.5 | 12% |
| 2015 | 5,184,271 | 2,122,651 | 3,061,620 | 166.1 | 13% |
| 2016 | 2,772,032 | 3,991,719 | −1,219,687 | 83.0 | 11% |
| 2017 | 4,230,978 | 3,063,336 | 1,167,642 | 124.0 | 14% |
| 2018 | 6,237,087 | 2,939,869 | 3,297,218 | 145.8 | 9% |
| 2019 | 3,973,565 | 4,238,394 | −264,829 | 100.8 | 21% |
| 2020 | 2,368,680 | 4,269,764 | −1,901,084 | 94.3 | 21% |
| 2021 | 6,584,099 | 3,428,558 | 3,155,541 | 155.6 | 25% |
| 2022 | 8,377,720 | 2,100,785 | 6,276,935 | 215.1 | 24% |
| 2023 | 3,438,035 | 3,058,685 | 379,350 | 164.6 | 21% |
In its most recent public year (2023), this organization brought in $379,350 more than it spent. Its reserves stood at about 164.6 months of spending, up from 118 in 2011. Staff pay was 21% of spending. $37,449,520 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
Rhode Island College Foundation'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