Divine Providence Health Center Inc

Analysis

Divine Providence Health Center Inc is a registered charity in United States, based in Ivanhoe, MN. It received its IRS tax-exemption ruling in March 1946, 80 years ago. 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 September 2022, Divine Providence Health Center Inc reported income of $487k and spending of $109k, leaving 78% of income unspent that year. Across the 4 years on record, from September 2019 to September 2022, income fell from $2.1m to $487k (-76%), an average of -38% a year. The sharpest change came in the year to September 2021, when income dropped by 49%. Over the whole period it spent 110% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Divine Providence Health Center Inc 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 70th percentile, and in the 69th percentile within MN. Charities of a similar size with the same main cause include Northern Virginia Transporation Education Foundation ($487k), Charlie Tippmann Foundation Charitable TR ($487k) and Sav-A-Life of Northwest Fla Inc ($487k).

On its Form 990 for the period ending September 2022, revenue came from contributions and grants 94% and program service revenue 6.3% of the total. At year end it held assets of $307k against liabilities of $325k, net assets of -$18k.