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nonprofit · EIN 05-6014351 · RI

How much does UNIVERSITY OF RHODE ISLAND FOUNDATION & raise and spend?

UNIVERSITY OF RHODE ISLAND FOUNDATION & (RI, EIN 05-6014351) reported $33.5M in revenue and $40.0M in expenses for tax year 2023, with $283.2M in net assets (85.0 months of reserves). By expenses that ranks 9,506 of 539,974 e-filers, 1,446 of 57,594 in NTEE B: Education, 48 of 2,264 nonprofits in rhode island.

REVENUE: $33.5MEXPENSES: $40.0MRESERVES: 85.0 months5 filings

Cite: FACTANKER, https://factanker.com/nonprofit/056014351-university-of-rhode-island-foundation

What stands out

UNIVERSITY OF RHODE ISLAND FOUNDATION & (RI, EIN 05-6014351) reported $33.5M in revenue and $40.0M in expenses for tax year 2023, with $283.2M in net assets (85.0 months of reserves). By expenses that ranks 9,506 of 539,974 e-filers, 1,446 of 57,594 in NTEE B: Education, 48 of 2,264 nonprofits in rhode island. Against NTEE B: Education: months of reserves 85.0 months, above the peer median of 11.8 months; officer compensation share of expenses 2.3%, below the peer median of 4.8%; contributions share of revenue 59.9%, above the peer median of 50.3%; surplus margin -19.3%, below the peer median of 5.2%.

Key figures, tax year 2023

As filed on Form 990; ratios computed by FACTANKER. Peer medians are percentile_cont over the group in the same year. Every filed line links to its record on the entity page.

Measure2023Median, activityMedian, sizeMedian, all
Total revenue$33.5M$199.9k$21.6M$194.7k
Total expenses$40.0M$183.0k$20.9M$178.5k
Total assets$291.8M$845.8k$29.9M$775.3k
Net assets$283.2M$683.8k$17.0M$622.5k
Officer compensation (total per organisation)$920.6k$141.5k$609.0k$113.0k
Program service revenue share21.9%13.2%74.7%13.8%
Contributions share of revenue59.9%50.3%13.8%57.5%
Officer compensation share of expenses2.3%4.8%2.5%6.5%
Months of reserves85.0 months11.8 months9.0 months12.6 months
Surplus margin-19.3%5.2%1.8%3.9%

Year by year

5 filings on record.

Tax yearRevenueExpensesNet assetsReservesOfficer comp.Rank
2023$33.5M$40.0M$283.2M85.0 months$920.6k9,506
2022$40.9M$36.7M$275.0M89.8 months$899.9k9,251
2021$57.0M$27.9M$307.5M132.1 months—7,647
2019$36.5M$28.1M$203.8M86.9 months$790.8k10,060
2018$41.5M$23.2M$194.7M100.8 months$760.0k10,585

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