Rhode Island Laborers Legal Services Fund
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 506,272 | 653,086 | −146,814 | 57.1 | 9% |
| 2020 | 434,539 | 657,683 | −223,144 | 59.0 | 9% |
| 2021 | 422,820 | 690,522 | −267,702 | 57.3 | 9% |
| 2022 | 564,024 | 690,826 | −126,802 | 47.5 | 9% |
| 2023 | 714,471 | 696,514 | 17,957 | 53.2 | 9% |
In its most recent public year (2023), this organization brought in $17,957 more than it spent. Its reserves stood at about 53.2 months of spending, down from 57.1 in 2019. Staff pay was 9% 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
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