Providence Country Day School

Analysis

Providence Country Day School is a registered charity in United States, based in E Providence, RI. It received its IRS tax-exemption ruling in October 1937, 89 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Providence Country Day School reported income of $9.8m and spending of $9.9m, spending 101% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $10.4m to $9.8m (-6.1%), an average of -1.6% a year. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Providence Country Day School sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 94th percentile within RI. Charities of a similar size with the same main cause include American Case Management Association ($9.8m), Ellis Early Learning Inc ($9.8m) and Resurgence Hall ($9.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 13% and program service revenue 85% of the total. Compensation of current officers, directors and key employees was $200k (2.0% of expenses). Other salaries and wages came to $4.4m. At year end it held assets of $9.3m against liabilities of $5.6m, net assets of $3.7m. It reported 157 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.