Eastern Star Foundation of Rhode Island Inc

Analysis

Eastern Star Foundation of Rhode Island Inc is a registered charity in United States, based in Warwick, RI. It received its IRS tax-exemption ruling in March 1992, 34 years ago. 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 December 2023, Eastern Star Foundation of Rhode Island Inc reported income of $115k and spending of $59k, leaving 48% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $34k to $115k (+242%), an average of +36% a year. The sharpest change came in the year to December 2021, when income rose by 1122%. Over the whole period it spent 63% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Eastern Star Foundation of Rhode Island Inc sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 36th percentile within RI. Charities of a similar size with the same main cause include Dearborn Christian School Society ($115k), Ohio League for Nursing ($115k) and St George Rosewald School ($115k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 33% of the total. At year end it held assets of $1.2m against liabilities of $0, net assets of $1.2m.