Providence Rossi Association

Analysis

Providence Rossi Association is a registered charity in United States, based in Renton, WA. It received its IRS tax-exemption ruling in February 1998, 28 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, Providence Rossi Association reported income of $190k and spending of $185k, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $176k to $190k (+8.4%), an average of +2.0% a year. Over the whole period it spent 104% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Providence Rossi Association sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 49th percentile within WA. Charities of a similar size with the same main cause include Asi Great Falls Inc ($190k), FF of Freedom House Senior Community Inc ($191k) and Flint Cerebral Palsy Non-Profit Housing Corporation ($190k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 67% and program service revenue 31% of the total. Other salaries and wages came to $44k. At year end it held assets of $500k against liabilities of $36k, net assets of $463k.