Rhode Island Coalition for Children & Families Education Fund Inc

Analysis

Rhode Island Coalition for Children & Families Education Fund Inc is a registered charity in United States, based in Providence, RI. It received its IRS tax-exemption ruling in August 2017, 9 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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, Rhode Island Coalition for Children & Families Education Fund Inc reported income of $142k and spending of $199k, spending 140% of what it took in. Across the 2 years on record, from June 2022 to June 2023, income fell from $254k to $142k (-44%), an average of -44% a year. The sharpest change came in the year to June 2023, when income dropped by 44%. Over the whole period it spent 79% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Rhode Island Coalition for Children & Families Education Fund Inc sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 42nd percentile within RI. Charities of a similar size with the same main cause include Conflict Resolution Institute ($142k), Foundation for the Developmentally Handicapped ($142k) and Alianzas de Phoenixville ($142k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $78k (39% of expenses). Other salaries and wages came to $62k. At year end it held assets of $193k against liabilities of $65k, net assets of $128k. It reported 2 employees.