Providence After School Allianceinc

Analysis

Providence After School Allianceinc is a registered charity in United States, based in Providence, RI. It received its IRS tax-exemption ruling in August 2007, 19 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Providence After School Allianceinc reported income of $2.0m and spending of $2.1m, spending 103% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $2.3m to $2.0m (-11%), an average of -2.8% a year. Over the whole period it spent 92% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Providence After School Allianceinc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 82nd percentile within RI. Charities of a similar size with the same main cause include Youth Service America ($2.0m), Austins Place ($2.0m) and Community Center of LA Canada Flintridge ($2.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 97% of the total. At year end it held assets of $1.9m against liabilities of $151k, net assets of $1.8m. It reported 43 employees.