R I H Orthopaedic Foundation Inc
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves Declining revenue
R I H Orthopaedic Foundation Inc is a 501(c)(3) organization based in Providence, Rhode Island, registered in 1983, with $5,842,215 in FY2024 revenue. CharityIndex grades it B.
Po Box 578, Providence, RI, 02901 EIN 05-0400128 Since 1983
Revenue (FY2024)
$5.8M
▲ 29.3% vs prior year
Expenses (FY2024)
$4.5M
Net assets
$7.9M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
★★★★
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →—Program efficiency40% of the ratingNo expense breakdown in filings
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 R I H Orthopaedic Foundation Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
AFinancial health25% of the rating21 mo reserves · +23% margin
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 R I H Orthopaedic Foundation Inc: 21 mo reserves · +23% margin earns a A on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
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 R I H Orthopaedic Foundation Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 of 5 disclosure signals
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 R I H Orthopaedic Foundation Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
- Address
- Po Box 578, Providence, RI, 02901
- City
- Providence
- State
- Rhode Island
- Category
- —
- Subcategory
- —
- Website
- …
Financial trends
Revenue grew from $2.0M (FY2013) to $5.8M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $1.4MNet assets $7.9M
Operating margin
22.5%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$9.3M
Total liabilities
$1.4M
Net assets
$7.9M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $5,842,215▲29.3% | $4,525,194▲5.6% | $7,903,780▲29.2% | $9,276,986▲19.1% | 990 |
| 2023 | $4,517,733▼3.2% | $4,285,581▼11.6% | $6,117,319▲12.3% | $7,788,752▼1.3% | 990 |
| 2022 | $4,667,638▼45.7% | $4,847,810▲14.1% | $5,449,490▼13.3% | $7,891,692▼10.4% | 990 |
| 2021 | $8,596,679▲186% | $4,249,771▲34.3% | $6,286,535▲288% | $8,806,507▲101% | 990 |
| 2020 | $3,002,842▲12.4% | $3,163,707▼6.1% | $1,621,364▲10.5% | $4,391,803▼4.9% | 990 |
| 2019 | $2,670,587▲36.0% | $3,369,894▼7.0% | $1,467,377▼22.5% | $4,618,589▼15.6% | 990 |
| 2018 | $1,964,384▼30.0% | $3,623,710▲30.9% | $1,894,026▼48.8% | $5,470,484▼28.0% | 990 |
| 2017 | $2,804,291▲24.2% | $2,768,538▲47.8% | $3,700,043▲4.4% | $7,602,195▼2.6% | 990 |
| 2016 | $2,257,752▲30.5% | $1,872,629▲2.8% | $3,542,497▲14.1% | $7,803,995▲120% | 990 |
| 2015 | $1,729,575▼22.2% | $1,820,908▼15.1% | $3,104,915▼6.3% | $3,541,945▲5.9% | 990 |
| 2014 | $2,223,910▲11.2% | $2,144,086▲1.8% | $3,313,520▲1.2% | $3,345,394▼2.1% | 990 |
| 2013 | $1,999,963 | $2,106,593▲0.4% | $3,275,156▲5.9% | $3,416,643▲6.8% | 990 |
| 2012 | — | $2,097,210▲7.0% | $3,093,273▼5.4% | $3,198,292▼3.8% | 990 |
| 2011 | — | $1,960,480▼12.2% | $3,271,057▼7.2% | $3,324,840▼8.3% | 990 |
| 2010 | — | $2,231,890 | $3,525,659 | $3,625,160 | 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.
Grants received · $26K total
3 grants to R I H Orthopaedic Foundation Inc totaling $26K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| The Rhode Island Community Foundation | Edu - educational success (primary) | 2024 | $7,976 |
| The Rhode Island Community Foundation | 2019 michael g. ehrlich inaugural lectureship | 2019 | $8,091 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2016 | $10,000 |
Frequently asked questions
- Is R I H Orthopaedic Foundation Inc a legitimate nonprofit?
- Yes. R I H Orthopaedic Foundation Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 05-0400128, based in Providence, Rhode Island. Donations are tax-deductible.
- What is R I H Orthopaedic Foundation Inc's EIN?
- R I H Orthopaedic Foundation Inc's Employer Identification Number (EIN) is 05-0400128.
- How much revenue does R I H Orthopaedic Foundation Inc report?
- R I H Orthopaedic Foundation Inc reported $5,842,215 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does R I H Orthopaedic Foundation Inc have?
- CharityIndex grades R I H Orthopaedic Foundation Inc B, based on financial health (reserves and operating margin).
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Data for R I H Orthopaedic Foundation Inc (EIN 05-0400128) 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.