Groundwork Rhode Island

Analysis

Groundwork Rhode Island is a registered charity in United States, based in Pawtucket, RI. It received its IRS tax-exemption ruling in August 1983, 43 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. 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, Groundwork Rhode Island reported income of $1.3m and spending of $1.2m, spending 95% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $448k to $1.3m (+182%), an average of +30% a year. The sharpest change came in the year to June 2022, when income rose by 121%. Over the whole period it spent 88% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Groundwork Rhode Island sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 78th percentile within RI. Charities of a similar size with the same main cause include Grand Traverse Bay Watershed Initiative Inc ($1.3m), Tourism Cares Inc ($1.3m) and Black Oaks Center for Sustainable Renewable Living NFP ($1.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 75% and program service revenue 24% of the total. Compensation of current officers, directors and key employees was $54k (4.5% of expenses). Other salaries and wages came to $475k. At year end it held assets of $580k against liabilities of $13k, net assets of $567k. It reported 37 employees.