Provision Cares Foundation Inc

Analysis

Provision Cares Foundation Inc is a registered charity in United States, based in Knoxville, TN. It received its IRS tax-exemption ruling in November 2012, 14 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Provision Cares Foundation Inc reported income of $95k and spending of $258k, spending 271% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $310k to $95k (-69%), an average of -26% a year. The sharpest change came in the year to December 2020, when income dropped by 56%. Over the whole period it spent 130% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Provision Cares Foundation Inc sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 35th percentile within TN. Charities of a similar size with the same main cause include David Andrew Pooh Maddan Foundation ($95k), Teaching Educating Advancing Christian Health Inc ($95k) and Specialized Safety Training Inc ($95k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. Other salaries and wages came to $23k. At year end it held assets of $2.0m against liabilities of $12k, net assets of $2.0m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.