International House of Rhode Island Inc

Analysis

International House of Rhode Island Inc is a registered charity in United States, based in Providence, RI. It received its IRS tax-exemption ruling in November 1965, 61 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 June 2023, International House of Rhode Island Inc reported income of $364k and spending of $321k, spending 88% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $237k to $364k (+54%), an average of +11% a year. The sharpest change came in the year to June 2022, when income rose by 130%. Over the whole period it spent 76% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, International House of Rhode Island Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 61st percentile within RI. Charities of a similar size with the same main cause include Benitolink Inc ($364k), National Society of the Daughters of the American Revolution ($364k) and Civic Standard Inc ($364k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 55% and program service revenue 9.5% of the total. Compensation of current officers, directors and key employees was $88k (27% of expenses). Other salaries and wages came to $93k. At year end it held assets of $2.7m against liabilities of $20k, net assets of $2.7m. It reported 4 employees.