Jewish Alliance of Greater Rhode Island

Analysis

Jewish Alliance of Greater Rhode Island is a registered charity in United States, based in Providence, RI. It received its IRS tax-exemption ruling in February 2012, 14 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Jewish Alliance of Greater Rhode Island reported income of $7.2m and spending of $7.4m, spending 103% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $8.1m to $7.2m (-11%), an average of -2.8% a year. The sharpest change came in the year to June 2020, when income dropped by 17%. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Jewish Alliance of Greater Rhode Island sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 92nd percentile within RI. Charities of a similar size with the same main cause include New Vista Ranch Inc ($7.2m), Community Coordinated Child Care ($7.2m) and American Corporate Partners ($7.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 65% and program service revenue 32% of the total. Compensation of current officers, directors and key employees was $553k (7.4% of expenses). Other salaries and wages came to $2.9m. At year end it held assets of $5.1m against liabilities of $3.0m, net assets of $2.1m. It reported 134 employees.