Needful Provision Inc

Analysis

Needful Provision Inc is a registered charity in United States, based in Dolores, CO. It received its IRS tax-exemption ruling in November 1995, 31 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Needful Provision Inc reported income of $234k and spending of $231k, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $251k to $234k (-7.0%), an average of -1.8% a year. The sharpest change came in the year to December 2020, when income rose by 17%. Over the whole period it spent 99% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Needful Provision Inc sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 54th percentile within CO. Charities of a similar size with the same main cause include City Scholars Foundation ($234k), Texas East Gymnastics Booster Club Inc ($234k) and Ullico Foundation ($234k).

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 $2.4m against liabilities of $0, net assets of $2.4m.