Rhode Island Interscholastic League Inc

Analysis

Rhode Island Interscholastic League Inc is a registered charity in United States, based in Warwick, RI. It received its IRS tax-exemption ruling in April 1990, 36 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending July 2023, Rhode Island Interscholastic League Inc reported income of $1.9m and spending of $1.6m, spending 85% of its income. Across the 5 years on record, from July 2019 to July 2023, income grew from $1.6m to $1.9m (+13%), an average of +3.0% a year. The sharpest change came in the year to July 2022, when income rose by 30%. Over the whole period it spent 92% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Rhode Island Interscholastic League 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 85th percentile, and in the 82nd percentile within RI. Charities of a similar size with the same main cause include Rave Foundation ($1.9m), Boise Timbers Thorns Soccer Club Inc ($1.9m) and Major League Baseball Players TR ($1.9m).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 36% and program service revenue 57% of the total. Compensation of current officers, directors and key employees was $243k (15% of expenses). Other salaries and wages came to $322k. At year end it held assets of $3.8m against liabilities of $49k, net assets of $3.7m. It reported 6 employees.