Providence Leadership Development

Analysis

Providence Leadership Development is a registered charity in United States, based in Providence, RI. It received its IRS tax-exemption ruling in February 2010, 16 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 December 2023, Providence Leadership Development reported income of $308k and spending of $278k, spending 90% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $102k to $308k (+203%), an average of +74% a year. The sharpest change came in the year to December 2022, when income rose by 139%. Over the whole period it spent 81% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Providence Leadership Development sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 58th percentile within RI. Charities of a similar size with the same main cause include Young Adults for Positive Action Yapa of Colorado ($307k), Youth Outreach Urban Resources and Services Ministry ($308k) and Mentoring & Partnership for Youthdevelopment ($307k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 69% and program service revenue 31% of the total. Other salaries and wages came to $59k. At year end it held assets of $171k against liabilities of $26k, net assets of $145k.