Rhode Island Nurses Institute Middle College Charter High School

Analysis

Rhode Island Nurses Institute Middle College Charter High School is a registered charity in United States, based in Providence, RI. It received its IRS tax-exemption ruling in June 2012, 14 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Rhode Island Nurses Institute Middle College Charter High School reported income of $8.7m and spending of $8.2m, spending 94% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $4.9m to $8.7m (+76%), an average of +15% a year. The sharpest change came in the year to June 2022, when income rose by 35%. Over the whole period it spent 95% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Rhode Island Nurses Institute Middle College Charter High School sits at the 93rd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 93rd percentile within RI. Charities of a similar size with the same main cause include Every Student Every Community Inc ($8.7m), Battelle for Kids ($8.7m) and Imagine Coolidge Elementary Inc ($8.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 21% and program service revenue 78% of the total. Other salaries and wages came to $3.5m. At year end it held assets of $4.9m against liabilities of $2.3m, net assets of $2.6m.