Westerly-area-rest-meals-warm-inc
Only null% goes to programs Strong reserves Growing revenue
Westerly-area-rest-meals-warm-inc is a 501(c)(3) organization based in Westerly, Rhode Island, registered in 1988, with $2,456,483 in FY2023 revenue. CharityIndex grades it B.
56 Spruce St, Westerly, RI, 02891 EIN 22-2887878 Since 1988
Revenue (FY2023)
$2.5M
▼ 2.5% vs prior year
Housing median: $408K
Expenses (FY2023)
$2.6M
Net assets
$2.6M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
—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 Westerly-area-rest-meals-warm-inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
B+Financial health25% of the rating12 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 Westerly-area-rest-meals-warm-inc: 12 mo reserves · -8% margin earns a B+ 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 Westerly-area-rest-meals-warm-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 Westerly-area-rest-meals-warm-inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Contact & location
- Address
- 56 Spruce St, Westerly, RI, 02891
- City
- Westerly
- State
- Rhode Island
- Category
- Housing & Shelter
- Subcategory
- Temporary Housing & Shelters
- Website
- …
Financial trends
Revenue grew from $1.2M (FY2016) to $2.5M (FY2023) across 8 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $65KNet assets $2.6M
Operating margin
-7.6%
Spent more than it raised in the latest fiscal year.
Total assets
$2.7M
Total liabilities
$65K
Net assets
$2.6M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $2,456,483▼2.5% | $2,643,939▲12.3% | $2,615,132▼6.7% | $2,680,380▼6.5% | 990 |
| 2022 | $2,519,497▲61.3% | $2,355,099▲43.2% | $2,802,588▲6.2% | $2,865,569▲5.9% | 990 |
| 2021 | $1,562,274▼8.0% | $1,644,908▲20.4% | $2,638,190▲13.2% | $2,705,799▲14.0% | 990 |
| 2020 | $1,698,741▲27.6% | $1,366,310▲5.4% | $2,330,781▲16.6% | $2,373,354▲10.2% | 990 |
| 2019 | $1,331,240▲17.6% | $1,296,277▲11.0% | $1,998,350▲1.8% | $2,153,622▲8.1% | 990 |
| 2018 | $1,132,388▲0.7% | $1,167,975▼4.1% | $1,963,387▼1.8% | $1,992,101▼2.3% | 990 |
| 2017 | $1,124,379▼3.4% | $1,217,832▼5.1% | $1,998,974▼30.1% | $2,039,623▼29.4% | 990 |
| 2016 | $1,163,441 | $1,282,713 | $2,859,983 | $2,890,017 | 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 · $1.6M total
40 grants to Westerly-area-rest-meals-warm-inc totaling $1.6M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| The Rhode Island Community Foundation | Housing (primary) | 2024 | $71,275 |
| The Rhode Island Community Foundation | Housing | 2023 | $141,166 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2023 | $40,050 |
| Donor Advised Charitable Giving | Human services | 2023 | $10,250 |
| American Online Giving Foundation Inc | General support | 2023 | $6,431 |
| The Rhode Island Community Foundation | General operating support | 2022 | $100,562 |
| The Rhode Island Community Foundation | Interim housing program | 2022 | $69,200 |
| The Rhode Island Community Foundation | Utilities and basic needs assistance | 2022 | $54,631 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2022 | $53,725 |
| American Online Giving Foundation Inc | General support | 2022 | $8,505 |
| The Rhode Island Community Foundation | General operating; covid-19 vaccination incentive fund grant; warm's basic needs network relief fund; food and housing security; interim housing for chronically homeless adults | 2021 | $148,249 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2021 | $56,065 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2021 | $56,065 |
| American Online Giving Foundation Inc | General support | 2021 | $7,430 |
| The Rhode Island Community Foundation | Community critical needs covid-19 response | 2020 | $75,000 |
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Frequently asked questions
- Is Westerly-area-rest-meals-warm-inc a legitimate nonprofit?
- Yes. Westerly-area-rest-meals-warm-inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 22-2887878, based in Westerly, Rhode Island. Donations are tax-deductible.
- What is Westerly-area-rest-meals-warm-inc's EIN?
- Westerly-area-rest-meals-warm-inc's Employer Identification Number (EIN) is 22-2887878.
- How much revenue does Westerly-area-rest-meals-warm-inc report?
- Westerly-area-rest-meals-warm-inc reported $2,456,483 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- What financial grade does Westerly-area-rest-meals-warm-inc have?
- CharityIndex grades Westerly-area-rest-meals-warm-inc B, based on financial health (reserves and operating margin).
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Data for Westerly-area-rest-meals-warm-inc (EIN 22-2887878) 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.