Providence Hall

Analysis

Providence Hall is a registered charity in United States, based in Herriman, UT. It received its IRS tax-exemption ruling in February 2009, 17 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 Hall reported income of $24.9m and spending of $21.6m, spending 87% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $18.3m to $24.9m (+36%), an average of +7.9% a year. Over the whole period it spent 94% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Providence Hall sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within UT. Charities of a similar size with the same main cause include National Board for Professional Teaching Standards Inc ($24.9m), Harbor Day School ($24.9m) and Elim Christian Services ($24.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 92% and program service revenue 5.4% of the total. Compensation of current officers, directors and key employees was $172k (0.8% of expenses). Other salaries and wages came to $11.9m. At year end it held assets of $53.8m against liabilities of $43.8m, net assets of $10.0m. It reported 415 employees.