Providence Health Care Foundation Eastern Washington

Analysis

Providence Health Care Foundation Eastern Washington is a registered charity in United States, based in Spokane, WA. It received its IRS tax-exemption ruling in January 2003, 23 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, Providence Health Care Foundation Eastern Washington reported income of $9.5m and spending of $7.3m, leaving 23% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $8.3m to $9.5m (+14%), an average of +3.4% a year. The sharpest change came in the year to December 2022, when income rose by 18%. Over the whole period it spent 95% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Providence Health Care Foundation Eastern Washington sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 96th percentile within WA. Charities of a similar size with the same main cause include Aspire Developmental Services Inc ($9.5m), Scandinavian Home Inc ($9.5m) and Unity Health - Newport ($9.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 83% of the total. Other salaries and wages came to $1.0m. It paid $181k in professional fundraising fees. At year end it held assets of $32.8m against liabilities of $1.6m, net assets of $31.2m.