RHODE ISLAND COLLEGE FOUNDATION
Income Statement
Fiscal Year Start:
Jul 1
Data visualization unavailable
Revenues in 2024
$4,271,503
Contributions
N/A
Investments
N/A
Fundraising Events
N/A
Government Grants
N/A
Program Services
N/A
Membership Dues
N/A
Expenses in 2024
$4,236,138
Grants
57%
Salaries & Benefits
15%
Fees to Service Providers
14%
Other
11%
Offices, Occupancy & IT
3%
Benefits to Members
0%
Advertising & Promotion
0%
Interest
0%
Depreciation
0%
Revenues
2023
2024
Change
Contributions
$2,607,396
$3,219,529
+23%
Government Grants
$0
$0
-
Fundraising Events
$135,830
$208,561
+54%
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$803,696
$978,136
+22%
Other
-$108,887
-$134,723
+24%
Total Revenues
$3,438,035
$4,271,503
+24%
Expenses
2023
2024
Change
Grants
$1,510,788
$2,407,956
+59%
Benefits to Members
$0
$0
-
Salaries & Benefits
$753,100
$647,245
-14%
Fees to Service Providers
$307,539
$593,575
+93%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$0
$132,546
-
Interest
$0
$0
-
Depreciation
$0
$0
-
Other
$487,258
$454,816
-7%
Total Expenses
$3,058,685
$4,236,138
+38%
Net income
2023
2024
Change
Net income
+$379,350
+$35,365
-91%
Functional Expenses
Summary
2023
2024
Change
Program
$2,399,721
$3,069,971
+28%
Admin
$298,567
$820,360
+175%
Fundraising
$360,397
$345,807
-4%
Total Expenses
$3,058,685
$4,236,138
+38%
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