Providence Dethman House

Analysis

Providence Dethman House is a registered charity in United States, based in Renton, WA. It received its IRS tax-exemption ruling in May 2016, 10 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 Dethman House reported income of $328k and spending of $390k, spending 119% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $290k to $328k (+13%), an average of +3.1% a year. The sharpest change came in the year to December 2022, when income rose by 19%. Over the whole period it spent 121% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Providence Dethman House sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 61st percentile within WA. Charities of a similar size with the same main cause include Over the Rainbow Life Fund ($328k), Prairie Grove Apartments Inc ($328k) and Luthern Social Services of Central Ohio Mansfield Housing Inc ($328k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 77% and program service revenue 30% of the total. Other salaries and wages came to $98k. At year end it held assets of $1.5m against liabilities of $337k, net assets of $1.2m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.