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Rhode Island · Nonprofit

Friends of Hearthside Inc

Friends of Hearthside Inc (Rhode Island) receives grants from 6 organizations whose IRS filings report $111,600 to it, the largest being THE CHAMPLIN FOUNDATION ($50,000). 2 of them have funded it in more than one year.

Revenue FY2024
$99k
Funders on record
6
Grants received
$112k
Net assets
$490k
2/6 repeat funderspeak grant-dependency 22%
01What it does

What Friends of Hearthside Inc does

Mission

Preserve Promote Hearthside Heritage

As stated on its FY2024 Form 990-EZ.

Programs

  1. Restoration and preservation of Hearthside House and surrounding historic properties, including additions to collections and exhibits for tours and events.

    $71,796 spent
    97% of program spending
  2. Blacksmith demonstrations and classes at the Hannaway Blacksmith shop.

    $1,958 spentof which $8,032 as grants
    3% of program spending

The 2 programs described on its FY2024 Form 990-EZ. Program spending in total: $73,754.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($91k) Expenses 100 ($59k) Net assets 100 ($161k)2020 Revenue 127 ($116k) Expenses 167 ($99k) Net assets 191 ($307k)2021 Revenue 145 ($132k) Expenses 104 ($62k) Net assets 250 ($403k)2022 Revenue 249 ($227k) Expenses 287 ($170k) Net assets 258 ($414k)2023 Revenue 166 ($151k) Expenses 234 ($138k) Net assets 283 ($455k)2024 Revenue 108 ($99k) Expenses 164 ($97k) Net assets 305 ($490k)
201720202021202220232024
Revenue (108)Expenses (164)Net assets (305)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2020 to 2021, from $307k to $403k (+31%).

$161k
$307k
$403k
$414k
$455k
$491k
201720202021202220232024
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

48% of Friends of Hearthside Inc’s revenue is contributions — about as donation-reliant as the typical peer (78% for the typical peer).

This organization
Typical peer · 18,808 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 0 of the last 6 reported years ran a deficit.

$32k
’17
$17k
’20
$70k
’21
$57k
’22
$13k
’23
$2k
’24
25
months of
reserve
03Who funds it

Who funds it, year by year

2017 → 2023: the base held at 1 funder, grant income fell $6k → $1k.

2 of 6 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 40% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of Friends of Hearthside Inc’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

Friends of Hearthside Inc leans on a few funders — its largest provides 45% of grant income and the top three 85%; half comes from just 2 funders.

the vertical line marks half of all grant income — 2 funders to its left

52% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund Friends of Hearthside Inc.

45%
largest funder
85%
top three
~3
effective funders

Largest funder’s share by year: 2017 100% · 2019 57% · 2020 71% · 2021 56% · 2022 100% · 2023 100% — broadly stable.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

Friends of Hearthside Inc draws 75% of its grant income from funders outside Rhode Island, across 2 states in all.

PA
RI

In-state vs out-of-state, by year

’20
’21
’22
’23
Rhode Island out of state home

Funder states come from each funder’s own filing. $45k arriving through sponsors registered in 2 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

Friends of Hearthside Inc has grown faster than half of the 14,550 arts & culture nonprofits its size.

Operating margin2% · below the median
Revenue growth (annualized)1% · above the median

this organization peer median middle 50% of peers· 14,550 arts & culture nonprofits under $100k, FY2024

Organizations like Friends of Hearthside Inc

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Rhode Island

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Public support

71%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Screen this organization

A dated, signed PDF of the compliance screen for Friends of Hearthside Inc: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds Friends of Hearthside Inc?
Friends of Hearthside Inc (Rhode Island) receives grants from 6 organizations whose IRS filings report $111,600 to it, the largest being THE CHAMPLIN FOUNDATION ($50,000). 2 of them have funded it in more than one year.
How many funders does Friends of Hearthside Inc have?
IRS filings report 6 organizations giving $111,600 in grants to Friends of Hearthside Inc, 2 of which have funded it in more than one year.
Who is the largest funder of Friends of Hearthside Inc?
THE CHAMPLIN FOUNDATION is the largest funder on record, with $50,000 in grants. The full list of funders is on this page.
How can an organization like Friends of Hearthside Inc find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Rhode Island. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Friends of Hearthside →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 6 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing