Providential Heritage Academy

Analysis

Providential Heritage Academy is a registered charity in United States, based in Cherry Valley, CA. It received its IRS tax-exemption ruling in August 2009, 17 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Providential Heritage Academy reported income of $287k and spending of $340k, spending 118% of what it took in. Across the 4 years on record, from December 2019 to December 2023, income grew from $256k to $287k (+12%), an average of +3.8% a year. The sharpest change came in the year to December 2022, when income rose by 32%. Over the whole period it spent 104% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Providential Heritage Academy sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 63rd percentile within CA. Charities of a similar size with the same main cause include Diw Real Estate Holdings Corp ($287k), Baltimore Chamber Orchestra Inc ($287k) and Enid Community Theater Inc ($287k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $20k against liabilities of $0, net assets of $20k.