CSCharityScored
87

Ocean State Credit Union

Other · Coventry, Rhode Island

2006 Nooseneck Hill Rd, Coventry, RI 02816-6708

EIN: 050263842· Founded: Mar 1994· 32 years active· Filing Year: 2023

Annual Revenue

$16.2M

Total Expenses

$14.8M

Total Assets

$339.3M

Program Spending

102%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

$1.1M

7.5% of total expenses

All officers, directors, and key employees combined

Other Salaries & Wages

$2.7M

Total Payroll

$3.8M

26% of total expenses

Where the Money Goes

100%
Programs: 100%
Payroll: 26%
Other overhead: -2%
Program Revenue$15.1M (93%)
Total Expenses$14.8M (92%)
Payroll$3.8M (26%)
Overhead (non-program)-2%

Trust Score Breakdown

Program Spending Ratio

102% of expenses go to programs

40%

Revenue & Stability

$16.2M annual revenue

15%

Executive Compensation

$1.1M total officer comp (7.5% of expenses)

20%

Filing Recency

Most recent filing: 2023

15%

Asset Strength

$339.3M 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.