West Bay Collaborative Inc
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
Where the income comes from
- Contributions & grants 37%
- Program services 62%
- Other 0.0%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| North Phoenix Preparatory Academy | Phoenix | $6.3m |
| Living Word Christian School | Ofallon | $6.3m |
| Yeshiva Shagas Aryeh | Lakewood | $6.3m |
| Cleveland County Partnership for Children Inc | Shelby | $6.3m |