Providence General Foundation

Analysis

Providence General Foundation is a registered charity in United States, based in Everett, WA. It received its IRS tax-exemption ruling in April 1997, 29 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. 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 General Foundation reported income of $5.4m and spending of $2.9m, leaving 47% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $9.1m to $5.4m (-41%), an average of -12% a year. The sharpest change came in the year to December 2021, when income dropped by 64%. Over the whole period it spent 66% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Providence General Foundation sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 93rd percentile within WA. Charities of a similar size with the same main cause include National Organization for Victim Advocacy Inc ($5.4m), San Francisco Chamber of Commerce Foundation ($5.4m) and People Services Inc ($5.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 68% of the total. Other salaries and wages came to $931k. At year end it held assets of $42.3m against liabilities of $78k, net assets of $42.2m.