CSCharityScored
44

Company Of The Redwood Library And Athenaem

Other · Newport, Rhode Island

50 Bellevue Ave, Newport, RI 02840-3229

EIN: 050260678· Founded: Jan 1935· 91 years active· Filing Year: 2023

Annual Revenue

$3.5M

Total Expenses

$1.9M

Total Assets

$28.0M

Program Spending

19%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

$126K

6.5% of total expenses

All officers, directors, and key employees combined

Other Salaries & Wages

$516K

Total Payroll

$642K

33% of total expenses

Where the Money Goes

19%
Programs: 19%
Payroll: 33%
Other overhead: 81%
Program Revenue$368K (11%)
Total Expenses$1.9M (56%)
Payroll$642K (33%)
Overhead (non-program)81%

Trust Score Breakdown

Program Spending Ratio

19% of expenses go to programs

40%

Revenue & Stability

$3.5M annual revenue

15%

Executive Compensation

$126K total officer comp (6.5% of expenses)

20%

Filing Recency

Most recent filing: 2023

15%

Asset Strength

$28.0M in assets

10%

Data from IRS Form 990 filing (2023). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.