Providence Educational and Community Services

Analysis

Providence Educational and Community Services is a registered charity in United States, based in Greensboro, NC. It received its IRS tax-exemption ruling in June 2021, 5 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, Providence Educational and Community Services reported income of $65k and spending of $59k, spending 92% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $101k to $65k (-36%), an average of -36% a year. The sharpest change came in the year to December 2023, when income dropped by 36%. Over the whole period it spent 76% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Providence Educational and Community Services sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 23rd percentile within NC. Charities of a similar size with the same main cause include Citizens of Georgia Power Educational Loan Fund Inc ($65k), Verde Valley Cyclists Coalition ($65k) and Global Corner Inc ($65k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $76k against liabilities of $36k, net assets of $40k.