EHealth CareEIN: 753059336

Rhode Island Quality Institute

Providence, Rhode Island

B+Health Score
70B+

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 2 peers in Health Care with $1M-$10M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org0.54×
Peer Median29.34×
💰
$10.0M
Total Revenue
📊
$9.9M
Total Expenses
🏦
$5.4M
Net Assets
📋
$2.6M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+5.2%
Year-over-year change (2022 → 2023)
Net Margin
+1.0%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.54
Net assets divided by total expenses
Liabilities-to-Assets
33.0%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$9,997,2235%$9,892,2945%$7,993,7462%
2022$9,506,70312%$9,451,0876%$7,836,69425%
2021$10,854,72113%$8,945,9461%$6,291,30932%
2020$9,587,45813%$9,034,18912%$4,765,37543%
2019$11,023,3128%$10,228,87011%$3,342,52921%
2018$11,983,8156%$11,451,73415%$2,772,0841%
2017$12,689,84611%$13,513,39417%$2,755,66319%
2016$11,419,97419%$11,558,18723%$3,392,0101%
2015$9,586,28713%$9,411,5284%$3,433,68518%
2014$8,453,08025%$9,759,39720%$2,919,55632%
2013$11,318,33634%$12,163,31416%$4,266,15519%
2012$17,081,36434%$14,466,37319%$5,282,709100%
2011$12,721,177$12,206,421$2,636,615

Frequently Asked Questions

What does Rhode Island Quality Institute do?

Rhode Island Quality Institute is a health care nonprofit organization based in Rhode Island. It is classified under NTEE code E600 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Rhode Island Quality Institute financially healthy?

Based on our 9-metric Financial Health Score model, Rhode Island Quality Institute has a score of 70/100 (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 Rhode Island Quality Institute generate?

Rhode Island Quality Institute reports $9.8M in annual revenue and holds $8.9M in total assets, based on IRS filings.

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