Saint Elizabeth Place Providence

Analysis

Saint Elizabeth Place Providence is a registered charity in United States, based in Providence, RI. It received its IRS tax-exemption ruling in September 1981, 45 years ago. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Saint Elizabeth Place Providence reported income of $2.7m and spending of $2.5m, spending 95% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.5m to $2.7m (+7.3%), an average of +1.8% a year. Over the whole period it spent 95% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Saint Elizabeth Place Providence sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 85th percentile within RI. Charities of a similar size with the same main cause include Salt Lake Arts Council Foundation ($2.7m), Childrens Lighthouse Childcare Lear Ning Center of People of Faith Inc ($2.7m) and Friendly House of Davenport Iowa ($2.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 82% and program service revenue 17% of the total. Other salaries and wages came to $552k. At year end it held assets of $5.0m against liabilities of $12.5m, net assets of -$7.5m. It reported 16 employees.