United Way of Rhode Island INC

Providence, Rhode Island

BHealth Score
64B

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Above Average

How This Organization Compares

Compared to 132 peers in Philanthropy, Voluntarism & Grantmaking with $10M-$100M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org0.87×
Peer Median11.98×
💰
$24.1M
Total Revenue
📊
$25.6M
Total Expenses
🏦
$22.3M
Net Assets
📋
$9.6M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+14.2%
Year-over-year change (2023 → 2024)
Net Margin
-6.3%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.87
Net assets divided by total expenses
Liabilities-to-Assets
30.0%
Total liabilities as % of total assets

Filing History

14 filings on record
YearRevenueExpensesAssets
2024$24,066,69914%$25,578,28319%$31,839,88412%
2023$21,078,8238%$21,556,40120%$28,320,5993%
2022$23,014,89649%$27,048,59325%$29,334,24817%
2021$45,188,674132%$35,897,161109%$35,273,99743%
2020$19,451,90613%$17,197,7471%$24,638,1116%
2019$17,215,2017%$17,307,57110%$23,285,96430%
2018$18,416,3162%$19,311,2276%$17,975,892
2017$18,053,8713%$18,171,2653%$18,057,1511%
2016$18,590,8013%$17,683,5391%$17,932,5287%
2015$18,060,9386%$17,424,7548%$16,711,7111%
2014$17,085,1686%$18,923,0302%$16,473,2394%
2013$18,221,2972%$19,325,0371%$17,089,7477%
2012$17,827,34310%$19,470,0001%$18,406,3253%
2011$19,856,791$19,710,610$18,922,559

Frequently Asked Questions

What does United Way of Rhode Island INC do?

United Way of Rhode Island INC is a philanthropy, voluntarism & grantmaking nonprofit organization based in Rhode Island. It is classified under NTEE code T700 and is registered as a 501(c) tax-exempt organization with the IRS.

Is United Way of Rhode Island INC financially healthy?

Based on our 9-metric Financial Health Score model, United Way of Rhode Island INC has a score of 64/100 (Grade: B). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does United Way of Rhode Island INC generate?

United Way of Rhode Island INC reports $26.7M in annual revenue and holds $30.1M in total assets, based on IRS filings.

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