SCommunity Improvement & Capacity BuildingEIN: 451454867· Ruling Year: 2011

Rhode Island Black Business Association

Providence, Rhode Island

B+Health Score
66B+

Financial Health Score

8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.

Good

💰
$1.6M
Total Revenue
📊
$1.2M
Total Expenses
🏦
$766K
Net Assets
📋
$1.3M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+59.9%
Year-over-year change (2022 → 2023)
Net Margin
+26.5%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.66
Net assets divided by total expenses
Liabilities-to-Assets
63.0%
Total liabilities as % of total assets

Filing History

11 filings on record
YearRevenueExpensesAssets
2023$1,577,82960%$1,159,57045%$2,071,76145%
2022$986,62398%$798,58577%$1,433,712260%
2021$497,184206%$451,503142%$398,53741%
2020$162,60913%$186,406114%$282,30117%
2019$187,80487%$87,0888%$241,593134%
2018$100,3408%$80,55731%$103,37716%
2017$109,29531%$117,26676%$88,9883%
2016$83,57861%$66,72757%$91,565111%
2013$51,89713%$42,56651%$43,32727%
2012$59,554571%$28,179338%$33,996850%
2011$8,872$6,438$3,577

Frequently Asked Questions

What does Rhode Island Black Business Association do?

Rhode Island Black Business Association is a community improvement & capacity building nonprofit organization based in Rhode Island. It is classified under NTEE code S41 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Rhode Island Black Business Association financially healthy?

Financial health scoring requires Form 990 filing data. Check back as we process more filings for Rhode Island Black Business Association.

How much revenue does Rhode Island Black Business Association generate?

Rhode Island Black Business Association reports $1.9M in annual revenue and holds $2.5M in total assets, based on IRS filings.

Similar Organizations

Explore more organizations in the Community Improvement & Capacity Building category, or browse all nonprofits in Rhode Island.