CSCharityScored
37

Economic Development Foundation Of Rhode Island Inc

Other · Cumberland, Rhode Island

1300 Highland Corporate Dr Ste 202, Cumberland, RI 02864-8710

EIN: 050319515· Founded: Mar 1973· 53 years active· Filing Year: 2024

Annual Revenue

$298K

Total Expenses

$543K

Total Assets

$4.5M

Program Spending

8%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

Not reported

All officers, directors, and key employees combined

Other Salaries & Wages

$323K

Total Payroll

$323K

60% of total expenses

Where the Money Goes

8%
Programs: 8%
Payroll: 60%
Other overhead: 92%
Program Revenue$43K (14%)
Total Expenses$543K (100%)
Payroll$323K (60%)
Overhead (non-program)92%

Trust Score Breakdown

Program Spending Ratio

8% of expenses go to programs

40%

Revenue & Stability

$298K annual revenue

15%

Executive Compensation

Not reported

20%

Filing Recency

Most recent filing: 2024

15%

Asset Strength

$4.5M in assets

10%

Data from IRS Form 990 filing (2024). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.