Rhode Island Association of School Committees

Analysis

Rhode Island Association of School Committees is a registered charity in United States, based in Warwick, RI. It received its IRS tax-exemption ruling in November 1970, 56 years ago. 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 2024, Rhode Island Association of School Committees reported income of $302k and spending of $362k, spending 120% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $279k to $302k (+8.1%), an average of +2.0% a year. The sharpest change came in the year to June 2023, when income rose by 29%. Over the whole period it spent 108% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Rhode Island Association of School Committees sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 58th percentile within RI. Charities of a similar size with the same main cause include Bond Christian Service Camp ($302k), Local 46 Training Program Trust ($302k) and Landa Gardens Conservancy ($301k).

On its Form 990 for the period ending June 2024, revenue came from program service revenue 99% of the total. Compensation of current officers, directors and key employees was $139k (38% of expenses). Other salaries and wages came to $66k. At year end it held assets of $182k against liabilities of $27k, net assets of $154k. It reported 2 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.