Providence Care Center
Analysis
Providence Care Center is a registered charity in United States, based in Sandusky, OH. It received its IRS tax-exemption ruling in May 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending June 2023, Providence Care Center reported income of $11.4m and spending of $11.7m, spending 102% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $13.5m to $11.4m (-15%), an average of -4.1% a year. Over the whole period it spent 91% of the income it received.
Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Providence Care Center sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 96th percentile within OH. Charities of a similar size with the same main cause include Thurston Woods Village Inc ($11.4m), Association for Mental Health and Wellness Inc ($11.4m) and Vip Community Mental Health Center Inc ($11.4m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 5.1% and program service revenue 91% of the total. Compensation of current officers, directors and key employees was $161k (1.4% of expenses). Other salaries and wages came to $3.5m. At year end it held assets of $33.9m against liabilities of $892k, net assets of $33.0m. It reported 228 employees.
Income and spending
Where the income comes from
- Contributions & grants 5.1%
- Program services 91%
- Other 4.2%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Thurston Woods Village Inc | Sturgis | $11.4m |
| Association for Mental Health and Wellness Inc | Ronkonkoma | $11.4m |
| Vip Community Mental Health Center Inc | Los Angeles | $11.4m |
| Apostolic Christian Home | Sabetha | $11.5m |