Rhode Island Bar Foundation

Analysis

Rhode Island Bar Foundation is a registered charity in United States, based in Cranston, RI. It received its IRS tax-exemption ruling in July 1959, 67 years ago. Its declared purposes cover crime and legal-related, which this site groups under human rights and equality. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Rhode Island Bar Foundation reported income of $3.9m and spending of $1.3m, leaving 67% of income unspent that year. Across the 6 years on record, from June 2019 to June 2024, income grew from $748k to $3.9m (+427%), an average of +39% a year. The sharpest change came in the year to June 2023, when income rose by 118%. Over the whole period it spent 46% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, Rhode Island Bar Foundation 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 91st percentile, and in the 88th percentile within RI. Charities of a similar size with the same main cause include Volunteers of Legal Service Inc ($3.9m), Kentucky Youth Advocates Inc ($4.0m) and Government Accountability Institute ($3.9m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 94% of the total. Other salaries and wages came to $70k. At year end it held assets of $10.4m against liabilities of $930k, net assets of $9.5m. It reported 1 employees.