Providence Ministries Inc

Analysis

Providence Ministries Inc is a registered charity in United States, based in Claremont, CA. It received its IRS tax-exemption ruling in July 1986, 40 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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 Ministries Inc reported income of $378k and spending of $550k, spending 145% of what it took in. Across the 6 years on record, from December 2018 to December 2023, income grew from $283k to $378k (+33%), an average of +5.9% a year. The sharpest change came in the year to December 2023, when income rose by 54%. Over the whole period it spent 100% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Providence Ministries Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 68th percentile within CA. Charities of a similar size with the same main cause include Touch India Ministeries Inc ($378k), Humanists International Inc ($378k) and Global Seed Planters ($378k).

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 $120k against liabilities of $45k, net assets of $75k.