Financials
a total transparency approach
Accountability
All of us at United Way of Rhode Island take pride in achieving the highest level of financial responsibility.
That means following a total transparency approach when it comes to showing our donors and the people in our community how we invest the dollars they entrust to us.
As a result, we earned a 2022 Platinum Seal of Transparency from Candid (formerly Goldstar) and have achieved a score of 100/100 for transparency from Charity Navigator.
Maximizing your contribution
We take the business of investing and managing your gift very seriously. The Better Business Bureau recommends that nonprofits spend no more than 35% on fundraising expenses; our fundraising and administrative costs as a percent of total spending has been approximately 19% in recent years. Moreover, this overhead is offset by a charitable trust created by Textron founder Royal Little in 1937 for our benefit. This means your donations directly fund programs that serve people in need. For more specific financial details, see the documents below.
Results, filings, and financial statements
FISCAL YEAR 2021
(ended June 30)
FISCAL YEAR 2020
(ended June 30)
FISCAL YEAR 2019
(ended June 30)
Program aims to reverse learning loss
WPRI
For 30 hours a week for six weeks, the Summer Learning Initiative gives students the opportunity to learn in fun and out-of-the-box ways... "There’s ways to be able to explore and be creative without feeling like they are falling farther and farther behind, which I think a lot of youth are feeling right now because of the pandemic," [Marlene] Guay said.
Summer energy bill assistance is available
The Westerly Sun
The Rhode Island Good Neighbor Energy Fund is open to all eligible Rhode Island households experiencing financial difficulty and [needing] assistance with energy expenses, even in the summer. The fund is sponsored by Rhode Island Energy, Block Island Utility District, Ocean State Power, Pascoag Utility District, Petro Home Services and RISEC LP and administered by United Way of Rhode Island.
10 Ways Nonprofits Can Influence Giving
Forbes Nonprofit Council
As nonprofits seek out donations, leveraging... win-win opportunities can be an effective way to further the social goals of the nonprofit and potential donors. Below, a panel of experts from Forbes Nonprofit Council, including Cortney Nicolato, United Way of Rhode Island's president and CEO, each share one... strategy nonprofit leaders can leverage to influence major corporations to support community-serving efforts.
United Way Launches Nonprofit Leadership Development Series
United Way of Rhode Island is launching a new leadership development series for staff of local nonprofits with annual budgets of $5 million and under and is currently accepting applications from interested participants. The no-cost program is the Deputy Director Learning Circle, and it was developed specifically to strengthen the competencies of nonprofit staff who aspire to become executive directors.
United Way Issues VITA Program RFP
In support of the Volunteer Income Tax Assistance (VITA) program that returns millions of dollars to the pockets of eligible Rhode Islanders, United Way of Rhode Island is making a total of $500,000 in funding available over a two-year grant cycle.
Olneyville Programs Awarded $182,708
Through its Olneyville Community Fund, United Way of Rhode Island has awarded $182,708 in grants to programs whose work is strengthening the Providence neighborhood it calls home… Investments focus on creating opportunities for all by improving access to services for residents, enhancing educational offerings for children through adults, and increasing nonprofit capacity to meet community need. Eleven organizations received funding.
UPCOMING EVENTS
Barbershop Books Prep4Success!
Join United Way of Rhode Island for Barbershop Books Prep4Success! on Friday, August 12 from noon - 3 p.m. at Haircuts & Heritage in Pawtucket. Barbershop Books inspires Black boys and other vulnerable children to read for fun by providing free books at local barbershops. Stop by for free haircut vouchers and backpacks with back-to-school essentials, and enjoy hot dogs, hamburgers, and soft drinks.
United Way of Rhode Island’s 96th Annual Celebration
Join United Way of Rhode Island for our 96th Annual Celebration on Wednesday, October 12 from 5:30 - 7:30 p.m. at Farm Fresh Rhode Island in Providence. Together, we'll celebrate the positive impact we've made this year, thanks to you — our donors, partners, and volunteers — and honor the heroes among us. This event is free and open to all. Registration is required.