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 2021 Platinum Seal of Transparency from Guidestar 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 Roy 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 2020
(ended June 30)
FISCAL YEAR 2019
(ended June 30)
FISCAL YEAR 2018
(ended June 30)
IN THE NEWS
FabNewport, Lucy’s Hearth receive grants
What's Up Newp
"United Way of Rhode Island… announced that it is putting $4.5 million in grants to work in the community to create transformational change in the Ocean State… On Aquidneck Island, FabNewport and Lucy's Hearth each received grants, which are part of United Way's commitment to invest $100 million over the next 5 years to build racial equity in Rhode Island."
PBN announces 2021 Best Places to Work
Providence Business News
"Seventy-two honorees — including United Way of Rhode Island — have been named by Providence Business News for its 2021 Best Places to Work Awards program... The honorees will be recognized June 9 for their efforts in a virtual ceremony, where the company rankings in each category will be announced."
Who’s Hot and Who’s Not? – $4.5M in Grants
GoLocalProv
On Wednesday, April 28, United Way of Rhode Island announced $4.5M in grants to the community. "The funding… was awarded to 72 organizations in support of programs targeting the root causes of the racial inequities that have held back Rhode Island's Black, Indigenous, and People of Color (BIPOC) communities for generations."
UPCOMING EVENTS
Learn with Leaders featuring Dr. Megan Ranney
Join Young Leaders Circle at 6 p.m. for a Learn with Leaders virtual event with Dr. Megan Ranney. This Q&A session is an opportunity to have your COVID-19 questions answered by a Rhode Island public health expert.
Community Learning Partners, featuring DownCity Design and FabNewport
Join Women United at noon for a Community Learning Partners event featuring guest speaker Adrienne Gagnon, co-founder and executive director of DownCity Design, and Steve Heath, co-founder and executive director of FabNewport. Each organization inspires youth to use the power of design to make a positive social impact in their communities.
The Night Is Young
You’re the one that I want, ooh, ooh, honey, to join the Young Leaders Circle from 7 –11 p.m. for a drive-in movie night. We'll be showing 50’s favorite "Grease" at Misquamicut Drive-In Theater. Tickets are $50 per car (two people) and $25 for each additional passenger. All funds raised will go towards providing scholarships for Rhode Island youth enrolled in summer learning programs.
Getting to a Livable Wage in RI
Join us at 2 p.m. for a community first conversation on the importance of increasing income for Rhode Island workers. This discussion will be hosted by United Way’s Kyle Bennett, director of policy and equity. You'll hear from leaders of Rhode Island's Labor, Housing, and Finance communities on how Rhode Islanders can continue to advocate for a livable wage for Rhode Islanders.