Operation Stand Down Rhode Island

Analysis

Operation Stand Down Rhode Island is a registered charity in United States, based in Johnston, RI. It received its IRS tax-exemption ruling in August 1995, 31 years ago. Its declared purposes cover employment, which this site groups under community and economic development. 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, Operation Stand Down Rhode Island reported income of $4.4m and spending of $4.5m, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.7m to $4.4m (+68%), an average of +14% a year. The sharpest change came in the year to December 2020, when income rose by 30%. Over the whole period it spent 98% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Operation Stand Down Rhode Island sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 88th percentile within RI. Charities of a similar size with the same main cause include Northern California and Northern Nevada Sound and Communication ($4.4m), Energy Cents Commit Energy Now to Survive ($4.4m) and Groundwork Lawrence Inc ($4.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 82% and program service revenue 4.7% of the total. Compensation of current officers, directors and key employees was $142k (3.2% of expenses). Other salaries and wages came to $1.7m. At year end it held assets of $6.0m against liabilities of $2.4m, net assets of $3.7m. It reported 33 employees.