Charity Search / SOLAR INITIATIVE OF RHODE ISLAND
Environment (C30) 990 on File

SOLAR INITIATIVE OF RHODE ISLAND

EIN: 88-2646033 · BLOCK ISLAND, RI 02807-1195 · United States · FY 2025 Data
3 out of 5 54 / 100 Based on one year of filings
Financial strength (30%) 94/100
Reliability (20%) 40/100
Effectiveness (25%) 71/100
Impact (25%) No data yet
Financial data: FY 2025 · Scored 9/13/2026
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CharityAI™ Score
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Financial Overview — FY 2025
$280K
Total Revenue
$130K
Total Expenses
$219K
Net Assets
2
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 76.1%
Fundraising Efficiency N/A
Operating Reserve 20.21x
Liability-to-Asset 14.5%
Revenue Diversification 96.3%
Compared with Peers
FY 2025
Compared with 1,319 similar organizations (United States, Environment, $100K–$1M in expenses), FY 2025.
This organization Middle half of peers (P25–P75) Peer median
Ratio This org Peer median Position (P10 → P90)
Program expense ratio
Program expenses / total expenses · higher is better
76.1% 81.7%
P10P90
Below median
Admin expense ratio
Management and general / total expenses · lower is better
23.9% 13.3%
P10P90
Bottom quarter
Fundraising expense ratio
Fundraising expenses / total expenses · lower is better
0.0% 0.2%
P10P90
Top quarter
Operating reserve
Months of expenses covered by net assets · higher is better
20.2 mo 13.9 mo
P10P90
Above median
Liabilities to assets
Total liabilities / total assets · lower is better
14.5% 0.6%
P10P90
Bottom quarter
Revenue concentration
Share of revenue from the largest source · lower is better
96.3% 90.4%
P10P90
Below median
Surplus margin
Surplus as a share of revenue
53.5% 6.7%
P10P90
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Organization Details
EIN
88-2646033
State
RI
City
BLOCK ISLAND
ZIP
02807-1195
Classification
C30
Category
Environment
Rating
3★
Coverage
B
Last Updated
Aug 2026
Form 990
On File
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