Providence Christian Ministries Inc

Analysis

Providence Christian Ministries Inc is a registered charity in United States, based in Rogers, AR. It received its IRS tax-exemption ruling in January 2005, 21 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 2024, Providence Christian Ministries Inc reported income of $5.0m and spending of $4.5m, spending 92% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $3.2m to $5.0m (+54%), an average of +9.0% a year. The sharpest change came in the year to June 2023, when income rose by 33%. Over the whole period it spent 93% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Providence Christian Ministries Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 92nd percentile within AR. Charities of a similar size with the same main cause include The Franklin Academy ($4.9m), Circle of Nations School Inc ($5.0m) and American Friends of Cancer Research Inc ($4.9m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 7.5% and program service revenue 92% of the total. Other salaries and wages came to $2.7m. At year end it held assets of $8.3m against liabilities of $4.7m, net assets of $3.5m. It reported 124 employees.