Partnership for Providence Parks

Analysis

Partnership for Providence Parks is a registered charity in United States, based in Providence, RI. It received its IRS tax-exemption ruling in February 2013, 13 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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, Partnership for Providence Parks reported income of $389k and spending of $390k, spending 100% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $318k to $389k (+22%), an average of +6.9% a year. The sharpest change came in the year to December 2022, when income rose by 31%. Over the whole period it spent 96% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Partnership for Providence Parks sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 62nd percentile within RI. Charities of a similar size with the same main cause include College Park Baseball Group ($389k), Body & Soul Ministries ($389k) and Bravo BG ($389k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $193k against liabilities of $0, net assets of $193k.