Ocean State Assisted Living
East Greenwich, Rhode Island
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Above Average
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $7,367,062↑22% | $6,508,701↑8% | $17,728,418↑5% | — |
| 2022 | $6,034,541↑5% | $6,051,449↑21% | $16,935,095↑62% | — |
| 2021 | $5,733,847↑10% | $4,983,108↓6% | $10,439,079↑2% | — |
| 2020 | $5,198,433↓8% | $5,283,597↓4% | $10,252,499↑1% | — |
| 2019 | $5,679,208↓5% | $5,482,730↑1% | $10,154,174↑3% | — |
| 2018 | $5,949,964↑11% | $5,415,167↑4% | $9,861,984↓3% | — |
| 2017 | $5,339,344 | $5,227,090 | $10,191,208 | — |
| 2016 | $5,346,776↓7% | $5,239,297↓3% | $10,187,246↓2% | — |
| 2015 | $5,738,343↑6% | $5,393,195↑1% | $10,348,029 | — |
| 2014 | $5,422,410↓1% | $5,364,177↓1% | $10,338,671↓2% | — |
| 2013 | $5,484,591↑5% | $5,423,717↑2% | $10,529,714↓1% | — |
| 2012 | $5,224,385↑4% | $5,314,781↑3% | $10,658,607↓3% | — |
| 2011 | $5,027,565 | $5,167,312 | $11,006,659 | — |
Frequently Asked Questions
What does Ocean State Assisted Living do?▼
Ocean State Assisted Living is a housing & shelter nonprofit organization based in Rhode Island. It is classified under NTEE code L22 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Ocean State Assisted Living financially healthy?▼
Based on our 9-metric Financial Health Score model, Ocean State Assisted Living has a score of 61/100 (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 Ocean State Assisted Living generate?▼
Ocean State Assisted Living reports $3.1M in annual revenue and holds $13.1M in total assets, based on IRS filings.
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