Rhode Island Hospital
91% goes to programs $0 to raise $100 Growing revenue
Rhode Island Hospital is a 501(c)(3) organization based in Providence, Rhode Island, registered in 1993, with $2,296,989,191 in FY2023 revenue. CharityIndex grades it A+, and it directs about 91% of spending to programs.
593 Eddy St, Providence, RI, 02903 EIN 05-0258954 Since 1993
Revenue (FY2023)
$2.3B
▲ 15.7% vs prior year
Health median: $840K
Expenses (FY2023)
$2.1B
Net assets
$1.0B
Employees
9,833
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A+
A+Program efficiency40% of the rating91% to programs · $0 to raise $100
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. For Rhode Island Hospital: 91% to programs · $0 to raise $100 earns a A+ on this criterion. See the exact thresholds →
AFinancial health25% of the rating6 mo reserves · +8% 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 Rhode Island Hospital: 6 mo reserves · +8% margin earns a A on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
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. For Rhode Island Hospital: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
A+Transparency10% of the rating5 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 Rhode Island Hospital: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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Mission
As a founding hospital in the brown university health system, rhode island hospital (rih) is committed to its mission: delivering health with care.
What they do
Medical education: rih provides the setting for and substantially supports medical education in various clinical training and nursing programs. rih is designated as the principal teaching hospital of the warren alpert medical school of brown university. the total cost of direct medical education provided by rih exceeded the reimbursement received from third-party payors by $125.8 million in fiscal year 2024. (continued on schedule o)
Research: rih conducts extensive medical research and is in the forefront of biomedical health care delivery research and among the leaders nationally in the national institutes of health programs. rih also sponsors a significant level of research activities. federal support accounts for approximately 57% of all externally funded research at brown health. researchers focus on basic research projects and clinical trials which investigate prevention and treatment of hiv/aids, obesity, cancer, diabetes, cardiac disease, neurological problems, orthopedic advancements, mental health concerns, and brain science. (continued on schedule o)
Contact & location
- Address
- 593 Eddy St, Providence, RI, 02903
- City
- Providence
- State
- Rhode Island
- Category
- Health Care
- Subcategory
- Hospitals
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $1.2B (FY2013) to $2.3B (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $799.1MNet assets $1.0B
Operating margin
8.0%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$1.8B
Total liabilities
$799.1M
Net assets
$1.0B
Salaries & benefits
$796.0M
38% of expenses
Board members
18
14 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $2,296,989,191▲15.7% | $2,112,316,740▲8.1% | $1,034,054,624▲23.1% | $1,833,203,164▲25.6% | 990 |
| 2022 | $1,984,938,739▲13.2% | $1,953,672,170▲8.9% | $840,176,290▲6.8% | $1,459,844,730▲0.8% | 990 |
| 2021 | $1,753,524,485▼3.2% | $1,793,704,280▲3.4% | $786,628,003▼13.5% | $1,447,653,955▼15.8% | 990 |
| 2020 | $1,811,390,972▲12.5% | $1,734,956,852▲9.2% | $909,271,618▲24.9% | $1,719,350,721▲19.0% | 990 |
| 2019 | $1,609,761,330▲7.5% | $1,589,053,383▲4.0% | $728,204,874▲6.5% | $1,444,910,459▲13.4% | 990 |
| 2018 | $1,498,069,125▲3.5% | $1,527,645,723▲6.3% | $683,646,842▼11.6% | $1,274,041,361▼0.8% | 990 |
| 2017 | $1,446,971,982▲5.6% | $1,437,086,193▲6.9% | $772,987,058▲7.3% | $1,284,809,986▼0.5% | 990 |
| 2016 | $1,369,753,828▲6.0% | $1,344,263,205▲2.7% | $720,268,588▲11.0% | $1,291,869,879▲1.1% | 990 |
| 2015 | $1,291,969,701▲5.4% | $1,308,724,195▲7.2% | $649,118,623▼4.8% | $1,277,698,494▼1.4% | 990 |
| 2014 | $1,226,116,777▲4.0% | $1,221,104,874▲3.9% | $681,525,743▼6.0% | $1,296,043,009▲0.2% | 990 |
| 2013 | $1,178,821,811 | $1,175,553,744▲3.3% | $724,850,256▼1.7% | $1,293,984,851▼1.2% | 990 |
| 2012 | — | $1,137,931,134▲5.0% | $737,303,042▲7.3% | $1,309,249,253▲3.5% | 990 |
| 2011 | — | $1,084,165,600▲0.6% | $687,396,501▲1.0% | $1,265,159,851▲2.3% | 990 |
| 2010 | — | $1,077,601,716▲6.9% | $680,397,694▼1.4% | $1,237,237,170▼2.4% | 990 |
| 2009 | — | $1,008,117,899 | $690,120,522 | $1,267,363,292 | 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.
Leadership & compensation (FY2023)
Highest-paid: Sean Deoni — $885,000 (0.04% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Sean Deoni | Physician | 40 | $885,000 |
| G Dean Roye Md | Interim Pres.11/23-6/24 | 55 | $850,449 |
| Cynthia H Danner | Chief Nursing Officer | 40 | $520,461 |
| Christine Collins | Svp Pharmacy | 40 | $411,919 |
| Eric Klein Phd | Physician | 40 | $399,477 |
| Jessica L Smith Md | Physician | 40 | $398,338 |
| Tracey L Wallace | Svp Clinical Svcs | 40 | $366,891 |
| Michael Dawson | Vp of Finance | 40 | $345,173 |
| Todd A Conklin CPA | Fmr. Key Employee | 0 | $116,826 |
| Alan H Litwin | Vice Chair | 0 | — |
| Angel Taveras | Trustee (as of 12/12/23) | 0 | — |
| Chris Cocks | Trustee (as of 12/12/23) | 0 | — |
| Edward D Feldstein Esq | Trustee | 0.5 | — |
| Emanuel Barrows | Trustee | 1.5 | — |
| Eva Greenwood | Treasurer | 0.5 | — |
| G Alan Kurose Md | Fmr. Trustee | 0 | — |
| Janet Robinson | Trustee (as of 12/12/23) | 0 | — |
| Jane Williams | Trustee (thru 12/23) | 7 | — |
| John Fernandez | Ceo | 7 | — |
| Lawrence A Aubin Sr | Chair | 2 | — |
Top vendors & contractors (FY2023)
| Contractor | Services | Paid |
|---|---|---|
| Brown Medicine | Medical Services | $39,482,099 |
| Brown Surgical Associates | Medical Services | $14,143,639 |
| Amn Healthcare Inc | Contract Labor | $13,903,958 |
| Brown Emergency Medicine | Medical Services | $9,672,990 |
| Brown Neurology | Medical Services | $8,255,341 |
Grants received · $42.6M total
295 grants to Rhode Island Hospital totaling $42.6M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| The Rhode Island Community Foundation | Hl - healthy lives (primary) | 2024 | $242,116 |
| Alzheimers Disease and Related Disorders Association Inc | Program support | 2024 | $199,991 |
| Cystic Fibrosis Foundation | Cf care center | 2024 | $181,659 |
| Cystic Fibrosis Foundation | Research | 2024 | $130,795 |
| Blood Cancer United Inc | Research grant | 2024 | $125,000 |
| J Craig Venter Institute Inc | Research subgrant | 2024 | $78,596 |
| Cystic Fibrosis Foundation | Adult care | 2024 | $51,740 |
| The Rhode Island Community Foundation | Hl - healthy lives (primary) | 2024 | $48,566 |
| Public Health Institute | Research | 2024 | $39,950 |
| The Albertsons Companies Foundation | Hunger | 2024 | $20,000 |
| American Heart Association Inc | Research | 2024 | $19,999 |
| Brown University of Providence | Subcontract grant | 2023 | $3,024,026 |
| Johns Hopkins University | Sub-award | 2023 | $453,152 |
| J Craig Venter Institute Inc | Research subgrant | 2023 | $256,018 |
| The Rhode Island Community Foundation | Healthy lives | 2023 | $251,652 |
Grants made · $1.1M in FY2023
1 grant totaling $1.1M in FY2023. All grants made by Rhode Island Hospital →
| Recipient | Purpose | Amount |
|---|---|---|
| Brown University of Providence | General support | $1,132,873 |
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Frequently asked questions
- Is Rhode Island Hospital a legitimate nonprofit?
- Yes. Rhode Island Hospital is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 05-0258954, based in Providence, Rhode Island. Donations are tax-deductible.
- What is Rhode Island Hospital's EIN?
- Rhode Island Hospital's Employer Identification Number (EIN) is 05-0258954.
- How much revenue does Rhode Island Hospital report?
- Rhode Island Hospital reported $2,296,989,191 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of Rhode Island Hospital's spending goes to programs?
- Rhode Island Hospital spends about 91% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Rhode Island Hospital have?
- CharityIndex grades Rhode Island Hospital A+, based on program efficiency and fundraising cost.
- How much does Rhode Island Hospital's highest-paid employee make?
- The highest reported compensation on Rhode Island Hospital's latest Form 990 is $885,000, paid to Sean Deoni (Physician).
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Data for Rhode Island Hospital (EIN 05-0258954) 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.