Rhode Island Tutorial & Educational Services Inc

Analysis

Rhode Island Tutorial & Educational Services Inc is a registered charity in United States, based in Providence, RI. It received its IRS tax-exemption ruling in July 2008, 18 years ago. Its declared purposes cover education, which this site groups under education and training. 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 December 2023, Rhode Island Tutorial & Educational Services Inc reported income of $544k and spending of $538k, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $536k to $544k (+1.6%), an average of +0.4% a year. The sharpest change came in the year to December 2021, when income rose by 42%. Over the whole period it spent 94% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Rhode Island Tutorial & Educational Services Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 68th percentile within RI. Charities of a similar size with the same main cause include We Shall Read ($544k), Kentucky School for the Blind Charitable Foundation Inc ($544k) and Old Town Academy Parent Foundation ($544k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 3.1% and program service revenue 95% of the total. Compensation of current officers, directors and key employees was $74k (14% of expenses). It paid $1,299 in professional fundraising fees. At year end it held assets of $408k against liabilities of $20k, net assets of $388k. It reported 3 employees.