Rhode Island Psychological Institute

Analysis

Rhode Island Psychological Institute is a registered charity in United States, based in Warwick, RI. It received its IRS tax-exemption ruling in May 2019, 7 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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 Psychological Institute reported income of $102k and spending of $101k, spending 99% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $83k to $102k (+23%), an average of +23% a year. The sharpest change came in the year to December 2023, when income rose by 23%. Over the whole period it spent 99% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Rhode Island Psychological Institute sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 33rd percentile within RI. Charities of a similar size with the same main cause include Project Ultrasound Inc ($102k), National Association to Advance Black Birth ($102k) and Neohealth Tahlequah Inc ($102k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 68% and program service revenue 32% of the total. At year end it held assets of $4,606 against liabilities of $1,650, net assets of $2,956.