Provident School

Analysis

Provident School is a registered charity in United States, based in Pittsburgh, PA. It received its IRS tax-exemption ruling in May 2015, 11 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Provident School reported income of $12.4m and spending of $10.4m, spending 84% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $6.2m to $12.4m (+99%), an average of +19% a year. The sharpest change came in the year to June 2020, when income rose by 43%. Over the whole period it spent 82% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Provident School sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 95th percentile within PA. Charities of a similar size with the same main cause include Delta Properties Inc ($12.4m), The Child School-Legacy High School ($12.4m) and Preschool Promise Inc ($12.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 11% and program service revenue 88% of the total. Other salaries and wages came to $6.0m. At year end it held assets of $10.7m against liabilities of $1.2m, net assets of $9.4m. It reported 123 employees.