RICAN-RHODE ISLAND CENTER ASSISTING THOSE IN NEED

CHARLESTOWN, RI, 02813-0000 (401) 364-9412 Est. 2007 EIN 20-4070706

P20— Human Services Form 990 501(c)(3)

Mission

TO PROVIDE WITH DIGNITY, EMERGENCY FOOD AND OUTREACH TO THOUSANDS OF AT-RISK NEIGHBORS IN SOUTHERN RHODE ISLAND AND SURROUNDING COMMUNITIES.

Total Revenue

$1,429,681

Total Expenses

$1,454,460

Net Assets

$1,409,778

16 employees 110 volunteers

From latest filing (tax period ending 2024-12-31)

Operating Reserve

11.6 months Healthy

Net assets / monthly expenses

Year-over-Year Change

Revenue ↓ 11.0%

Expenses ↓ 6.4%

Revenue Sources

Contributions 89.2% Earned revenue 9.4% Investment 2.1%

Expense Breakdown

Program 89.3% Management 9.6% Fundraising 1.1%

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Year	Revenue	Expenses	Net Assets
2024 Form 990	$1,429,681 ↓	$1,454,460	$1,409,778
2023 Form 990	$1,606,267 ↓	$1,553,699	$1,434,557
2022 Form 990	$1,812,093 ↓	$1,547,915	$1,381,989
2020 Form 990	$2,109,867 ↑	$1,635,397	$987,412
2018 Form 990	$894,940	$869,216	$465,961