Rhode Island Community Action Association

Analysis

Rhode Island Community Action Association is a registered charity in United States, based in Warwick, RI. It received its IRS tax-exemption ruling in May 1992, 34 years ago. 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 2023, Rhode Island Community Action Association reported income of $294k and spending of $302k, spending 103% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $273k to $294k (+7.5%), an average of +1.8% a year. The sharpest change came in the year to June 2021, when income rose by 75%. Over the whole period it spent 104% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Rhode Island Community Action Association sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 57th percentile within RI. Charities of a similar size with the same main cause include Chesterwye Foundation Inc ($294k), American Corporation for Charity & Research ($294k) and Leadership Dekalb Inc ($294k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $67k. At year end it held assets of $187k against liabilities of $45k, net assets of $142k. It reported 1 employees.