Dorcas International Institute of Rhode Island Inc
Analysis
Dorcas International Institute of Rhode Island Inc is a registered charity in United States, based in Providence, RI. It received its IRS tax-exemption ruling in December 1984, 42 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending June 2023, Dorcas International Institute of Rhode Island Inc reported income of $10.4m and spending of $10.1m, spending 98% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $7.1m to $10.4m (+46%), an average of +9.9% a year. The sharpest change came in the year to June 2021, when income rose by 54%. Over the whole period it spent 94% of the income it received.
Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Dorcas International Institute of Rhode Island Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 94th percentile within RI. Charities of a similar size with the same main cause include Spark Microgrants ($10.3m), Fika ($10.4m) and Center for International Environmental Law Inc ($10.3m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 79% and program service revenue 16% of the total. Compensation of current officers, directors and key employees was $330k (3.3% of expenses). Other salaries and wages came to $4.6m. At year end it held assets of $7.7m against liabilities of $912k, net assets of $6.8m. It reported 93 employees.
Income and spending
Where the income comes from
- Contributions & grants 79%
- Program services 16%
- Other 5.4%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Spark Microgrants | New York | $10.3m |
| Fika | Greenwood Village | $10.4m |
| Center for International Environmental Law Inc | Washington | $10.3m |
| Grameen Foundation USA | Washington | $10.4m |