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UNIVERSITY OF RHODE ISLAND FOUNDATION & ALUMNI ENGAGEMENT

UNIVERSITY OF RHODE ISLAND FOUNDATION & ALUMNI ENGAGEMENT

KINGSTON, RI, US
501(c)(3)
EIN
05-6014351
Regional Funder
Women Led
funder logo

UNIVERSITY OF RHODE ISLAND FOUNDATION & ALUMNI ENGAGEMENT

KINGSTON, RI, US
501(c)(3)
EIN
05-6014351
Regional Funder
Women Led

Income Statement

Fiscal Year Start:
Jul 1
Revenues in 2024

$39,148,726

Contributions
65%
Program Services
18%
Investments
13%
Other
4%
Government Grants
0%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024

$32,846,138

Grants
54%
Salaries & Benefits
29%
Fees to Service Providers
9%
Other
5%
Offices, Occupancy & IT
3%
Depreciation
<1%
Benefits to Members
0%
Advertising & Promotion
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$20,050,288
$25,396,933
+27%
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$7,321,087
$7,085,813
-3%
Membership Dues
$0
$0
-
Investments
$5,198,718
$4,918,161
-5%
Other
$925,468
$1,747,819
+89%
Total Revenues
$33,495,561
$39,148,726
+17%
Expenses
2023
2024
Change
Grants
$26,038,061
$17,758,493
-32%
Benefits to Members
$0
$0
-
Salaries & Benefits
$9,576,345
$9,589,037
+0%
Fees to Service Providers
$2,052,151
$2,851,841
+39%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$701,967
$887,354
+26%
Interest
$0
$0
-
Depreciation
$116,630
$138,678
+19%
Other
$1,490,059
$1,620,735
+9%
Total Expenses
$39,975,213
$32,846,138
-18%
Net income
2023
2024
Change
Net income
-$6,479,652
+$6,302,588
-197%
Functional Expenses
Summary
2023
2024
Change
Program
$26,038,061
$17,758,493
-32%
Admin
$5,839,346
$7,041,889
+21%
Fundraising
$8,097,806
$8,045,756
-1%
Total Expenses
$39,975,213
$32,846,138
-18%
Income Statement
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