University of Rhode Island Student Senate Inc

Analysis

University of Rhode Island Student Senate Inc is a registered charity in United States, based in Kingston, RI. It received its IRS tax-exemption ruling in April 1991, 35 years ago. Its declared purposes cover education, which this site groups under education and training. 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, University of Rhode Island Student Senate Inc reported income of $3.1m and spending of $2.9m, spending 94% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $2.3m to $3.1m (+36%), an average of +8.1% a year. The sharpest change came in the year to June 2023, when income rose by 16%. Over the whole period it spent 88% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, University of Rhode Island Student Senate Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 86th percentile within RI. Charities of a similar size with the same main cause include Lyra ($3.1m), Laurens Education Assistance for District No 55 ($3.1m) and Atlanta Partnership of Business and Education Inc ($3.1m).

On its Form 990 for the period ending June 2024, revenue came from program service revenue 95% of the total. Compensation of current officers, directors and key employees was $27k (0.9% of expenses). Other salaries and wages came to $282k. At year end it held assets of $5.1m against liabilities of $0, net assets of $5.1m. It reported 95 employees.