The Rhode Island Community Foundation

Providence, Rhode Island

B+Health Score
74B+

Financial Health Score

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

Good

How This Organization Compares

Compared to 200 peers in Philanthropy, Voluntarism & Grantmaking with $100M-$1B revenue

Working Capital Ratio (net assets ÷ expenses)

This Org12.14×
Peer Median8.04×
💰
$87.7M
Total Revenue
📊
$102.9M
Total Expenses
🏦
$1.2B
Net Assets
📋
$8.8M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-7.3%
Year-over-year change (2022 → 2023)
Net Margin
-17.3%
Revenue minus expenses as % of revenue
Working Capital Ratio
12.14
Net assets divided by total expenses
Liabilities-to-Assets
0.7%
Total liabilities as % of total assets

Filing History

14 filings on record
YearRevenueExpensesAssets
2023$87,701,4857%$102,860,3599%$1,257,515,5408%
2022$94,559,88051%$94,070,2499%$1,164,890,57413%
2021$194,702,15991%$86,255,2562%$1,346,682,05821%
2020$101,831,30713%$87,764,34631%$1,115,655,25010%
2019$90,361,22718%$67,128,6121%$1,011,786,70717%
2018$109,571,95238%$67,743,09531%$863,141,3164%
2017$79,152,87674%$51,843,8282%$903,255,59015%
2016$45,579,07033%$53,134,3295%$783,362,8186%
2015$68,387,32926%$50,735,51515%$736,666,7452%
2014$54,294,32838%$44,171,2269%$754,492,8342%
2013$87,993,77265%$40,529,53111%$736,167,41118%
2012$53,346,69046%$36,600,2845%$623,305,32413%
2011$99,550,387180%$34,813,5402%$551,951,7252%
2010$35,553,809$35,682,854$542,689,403

Frequently Asked Questions

What does The Rhode Island Community Foundation do?

The Rhode Island Community Foundation is a philanthropy, voluntarism & grantmaking nonprofit organization based in Rhode Island. It is classified under NTEE code T31 and is registered as a 501(c) tax-exempt organization with the IRS.

Is The Rhode Island Community Foundation financially healthy?

Based on our 9-metric Financial Health Score model, The Rhode Island Community Foundation has a score of 74/100 (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 The Rhode Island Community Foundation generate?

The Rhode Island Community Foundation reports $147.3M in annual revenue and holds $1.3B in total assets, based on IRS filings.

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