The Center for Mediation and Collaboration Rhode Island

Analysis

The Center for Mediation and Collaboration Rhode Island is a registered charity in United States, based in Warwick, RI. It received its IRS tax-exemption ruling in August 1996, 30 years ago. Its declared purposes cover community improvement and capacity building, 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 June 2023, The Center for Mediation and Collaboration Rhode Island reported income of $591k and spending of $541k, spending 91% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $210k to $591k (+182%), an average of +41% a year. The sharpest change came in the year to June 2022, when income rose by 73%. Over the whole period it spent 87% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, The Center for Mediation and Collaboration Rhode Island sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 69th percentile within RI. Charities of a similar size with the same main cause include East Tulsa Main Street ($591k), Center for Rural Policy and Development ($592k) and Maestro Leadership Foundation ($591k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 94% and program service revenue 5.9% of the total. Compensation of current officers, directors and key employees was $79k (15% of expenses). Other salaries and wages came to $81k. At year end it held assets of $292k against liabilities of $42k, net assets of $249k. It reported 2 employees.