Grow Smart Rhode Island is a 501(c)(3) organization based in Providence, Rhode Island, registered in 1998, with $763,343 in FY2024 revenue. CharityIndex grades it B.
Revenue (FY2024)
$763K
▲ 21.8% vs prior year
Arts & Culture median: $159K
Expenses (FY2024)
$630K
Net assets
$132K
Employees
—
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Grow Smart Rhode Island— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Grow Smart Rhode Island: 3 mo reserves · +17% margin earns a B on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Grow Smart Rhode Island— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Grow Smart Rhode Island: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $702K (FY2014) to $763K (FY2024) across 11 reported years.
Financial snapshot
Operating margin
17.5%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$263K
Total liabilities
$131K
Net assets
$132K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $763,343▲21.8% | $629,988▼10.4% | $132,127▲1670% | $262,873▲30.4% | 990 |
| 2023 | $626,650▼11.8% | $703,006▼4.2% | $7,463▼91.1% | $201,550▲33.6% | 990 |
| 2022 | $710,862▲10.1% | $733,646▲27.5% | $83,819▼21.4% | $150,905▲27.0% | 990 |
| 2021 | $645,662▲11.6% | $575,354▼5.6% | $106,603▲194% | $118,778▲6.4% | 990 |
| 2020 | $578,566▼3.5% | $609,567▲1.4% | $36,295▼36.0% | $111,631▼14.7% | 990 |
| 2019 | $599,619▼0.4% | $601,041▼4.6% | $56,743▼2.4% | $130,879▲11.3% | 990 |
| 2018 | $602,307▲3.1% | $630,318▲10.0% | $58,165▼32.5% | $117,639▲0.1% | 990 |
| 2017 | $584,052▼7.5% | $573,113▼10.7% | $86,176▲14.5% | $117,470▼1.2% | 990 |
| 2016 | $631,708▲20.7% | $641,556▲9.3% | $75,237▼3.7% | $118,950▲19.8% | 990 |
| 2015 | $523,171▼25.4% | $586,957▼1.1% | $78,128▼44.9% | $99,299▼38.5% | 990 |
| 2014 | $701,725 | $593,730 | $141,914 | $161,562 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
39 grants to Grow Smart Rhode Island totaling $1.0M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| The Rhode Island Community Foundation | Other (primary) | 2024 | $121,250 |
| The Rhode Island Community Foundation | Bhn - basic human needs (primary) | 2024 | $10,000 |
| AARP | Sponsorship of event | 2024 | $6,500 |
| The Rhode Island Community Foundation | Economic security | 2023 | $120,150 |
| AARP | Grant to support aarp's livable communities initiative | 2023 | $12,020 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2023 | $8,850 |
| The Rhode Island Community Foundation | General operating support | 2022 | $109,000 |
| AARP | Grant to support aarp's livable communities initiative | 2022 | $15,074 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2022 | $14,400 |
| The Rhode Island Community Foundation | Grow smart ri 2021 awards program; separate solar development from forest land; ri's transportation policy reform work; general support; transportation policy reform; general operating; anti racism training with the wilson organization; as most needed; matching contribution | 2021 | $135,300 |
| Vanguard Charitable Endowment Program | For recipient's exempt purpose | 2021 | $15,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2021 | $10,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2021 | $10,000 |
| The Rhode Island Community Foundation | General operating support | 2020 | $100,000 |
| The Rhode Island Community Foundation | General operating support | 2020 | $100,000 |
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Data for Grow Smart Rhode Island (EIN 05-0499148) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.