Rhode Island Quality Institute
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 12,721,177 | 12,206,421 | 514,756 | 1.7 | 26% |
| 2012 | 17,081,364 | 14,466,373 | 2,614,991 | 3.6 | 32% |
| 2013 | 11,318,336 | 12,163,314 | −844,978 | 3.5 | 38% |
| 2014 | 8,453,080 | 9,759,397 | −1,306,317 | 2.7 | 38% |
| 2015 | 9,586,287 | 9,411,528 | 174,759 | 3.0 | 43% |
| 2016 | 11,419,974 | 11,558,187 | −138,213 | 2.3 | 45% |
| 2017 | 12,689,846 | 13,513,394 | −823,548 | 1.2 | 44% |
| 2018 | 11,983,815 | 11,451,734 | 532,081 | 2.0 | 43% |
| 2019 | 11,023,312 | 10,228,870 | 794,442 | 3.2 | 41% |
| 2020 | 9,587,458 | 9,034,189 | 553,269 | 4.4 | 38% |
| 2021 | 10,854,721 | 8,945,946 | 1,908,775 | 7.0 | 36% |
| 2022 | 9,506,703 | 9,451,087 | 55,616 | 6.7 | 34% |
| 2023 | 9,997,223 | 9,892,294 | 104,929 | 6.5 | 30% |
In its most recent public year (2023), this organization brought in $104,929 more than it spent. Its reserves stood at about 6.5 months of spending, up from 1.7 in 2011. Staff pay was 30% 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
A new entry when its next filing is released. No account, no email; works in any feed reader, Slack, or automation tool. How following works