Care Transformation Collaborative of Ri

Analysis

Care Transformation Collaborative of Ri is a registered charity in United States, based in Providence, RI. It received its IRS tax-exemption ruling in April 2015, 11 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Care Transformation Collaborative of Ri reported income of $6.0m and spending of $4.8m, leaving 20% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income fell from $6.1m to $6.0m (-1.9%), an average of -0.5% a year. The sharpest change came in the year to June 2022, when income dropped by 19%. Over the whole period it spent 88% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Care Transformation Collaborative of Ri sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 90th percentile within RI. Charities of a similar size with the same main cause include Alta Vista Center for Autism ($6.0m), Big Sandy Medical Center Inc ($6.0m) and Navicent Health Foundation Inc ($6.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 76% and program service revenue 23% of the total. Compensation of current officers, directors and key employees was $187k (3.9% of expenses). Other salaries and wages came to $659k. At year end it held assets of $6.2m against liabilities of $522k, net assets of $5.7m. It reported 11 employees.