Logo for "THE RHODE ISLAND COMMUNITY FOUNDATION"

THE RHODE ISLAND COMMUNITY FOUNDATION

THE RHODE ISLAND COMMUNITY FOUNDATION

PROVIDENCE, RI, US
•
a.k.a Rhode Island Foundation
•
501(c)(3)
•
EIN
22-2604963
•
RIFOUNDATION.ORG
•
•
DAF Sponsor
Community Foundation
Regional Funder
Women Led
BIPOC Led
LGBTQ+ Led
Logo for "THE RHODE ISLAND COMMUNITY FOUNDATION"

THE RHODE ISLAND COMMUNITY FOUNDATION

PROVIDENCE, RI, US
•
a.k.a Rhode Island Foundation
•
501(c)(3)
•
EIN
22-2604963
•
RIFOUNDATION.ORG
•
•
DAF Sponsor
Community Foundation
Regional Funder
Women Led
BIPOC Led
LGBTQ+ Led
Overview
Programs
990s
Income Statement
Balance Sheet
How to Apply
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Board & Team
Financials
Financial Trends
Funding
Funders
Grants Received
Grantmaking
Giving Insights
Grantees
Grants Given
Overlap
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Income Statement

Fiscal Year Start:
Jan 1
Revenues in 2024

$147,291,921

Other
51%
Contributions
37%
Investments
11%
Government Grants
1%
Fundraising Events
0%
Program Services
0%
Membership Dues
0%
Expenses in 2024

$95,208,024

Grants
80%
Salaries & Benefits
10%
Other
4%
Fees to Service Providers
4%
Offices, Occupancy & IT
1%
Advertising & Promotion
<1%
Depreciation
<1%
Benefits to Members
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$30,307,800
$54,358,033
+79%
Government Grants
$12,502,500
$1,700,000
-86%
Fundraising Events
$0
$0
-
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$14,919,758
$16,290,241
+9%
Other
$29,971,427
$74,943,647
+150%
Total Revenues
$87,701,485
$147,291,921
+68%
Expenses
2023
2024
Change
Grants
$84,716,173
$76,135,619
-10%
Benefits to Members
$0
$0
-
Salaries & Benefits
$8,776,234
$9,643,507
+10%
Fees to Service Providers
$3,115,703
$3,444,197
+11%
Advertising & Promotion
$630,585
$807,144
+28%
Offices, Occupancy & IT
$1,814,186
$1,395,112
-23%
Interest
$0
$0
-
Depreciation
$188,376
$208,295
+11%
Other
$3,619,102
$3,574,150
-1%
Total Expenses
$102,860,359
$95,208,024
-7%
Net income
2023
2024
Change
Net income
-$15,158,874
+$52,083,897
-444%
Functional Expenses
Summary
2023
2024
Change
Program
$89,868,138
$80,631,412
-10%
Admin
$10,787,959
$12,090,718
+12%
Fundraising
$2,204,262
$2,485,894
+13%
Total Expenses
$102,860,359
$95,208,024
-7%
Income Statement
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