House of Providence

Analysis

House of Providence is a registered charity in United States, based in Oxford, MI. It received its IRS tax-exemption ruling in August 2014, 12 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 September 2023, House of Providence reported income of $3.1m and spending of $2.6m, spending 83% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $2.1m to $3.1m (+48%), an average of +10% a year. The sharpest change came in the year to September 2021, when income rose by 66%. Over the whole period it spent 82% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, House of Providence sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 89th percentile within MI. Charities of a similar size with the same main cause include Wapakoneta Family YMCA ($3.1m), Soaring Heights Communities Inc ($3.1m) and Family Services of Southern Wisconsin & Northern Illinois Inc ($3.1m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 16% and program service revenue 82% of the total. Other salaries and wages came to $1.6m. At year end it held assets of $4.2m against liabilities of $94k, net assets of $4.1m. It reported 62 employees.