CheckMyDonation

West Bay Collaborative Inc

RegisteredEIN 05-0460855West Warwick, RIEducation and training
Income$6.3m2023-06
Spending$6.3msame year
Spent / received98%5-year average
Size in its cause91st pctEducation and training
Exempt since1992Publicly supported organisat
Employees92latest return

Analysis

West Bay Collaborative Inc is a registered charity in United States, based in West Warwick, RI. It received its IRS tax-exemption ruling in November 1992, 34 years ago. Its declared purposes cover education, which this site groups under education and training. 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, West Bay Collaborative Inc reported income of $6.3m and spending of $6.3m, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $4.8m to $6.3m (+31%), an average of +7.1% a year. The sharpest change came in the year to June 2020, when income rose by 20%. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, West Bay Collaborative Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 91st percentile within RI. Charities of a similar size with the same main cause include North Phoenix Preparatory Academy ($6.3m), Living Word Christian School ($6.3m) and Yeshiva Shagas Aryeh ($6.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 37% and program service revenue 62% of the total. Other salaries and wages came to $3.3m. At year end it held assets of $2.8m against liabilities of $326k, net assets of $2.5m. It reported 92 employees.

Income and spending

$0$1.6m$3.2m$4.7m$6.3m2019 Income: $4,788,4072019 Spending: $4,723,75020192020 Income: $5,761,4112020 Spending: $5,701,92620202021 Income: $6,313,6022021 Spending: $5,476,68120212022 Income: $5,710,3702022 Spending: $5,993,98220222023 Income: $6,291,2572023 Spending: $6,283,5892023
IncomeSpending

Where the income comes from

  • Contributions & grants 37%
  • Program services 62%
  • Other 0.0%

Similar-sized charities, same cause

CharityLocationIncome
North Phoenix Preparatory AcademyPhoenix$6.3m
Living Word Christian SchoolOfallon$6.3m
Yeshiva Shagas AryehLakewood$6.3m
Cleveland County Partnership for Children IncShelby$6.3m