Providence Blanchet Association

Analysis

Providence Blanchet Association is a registered charity in United States, based in Renton, WA. It received its IRS tax-exemption ruling in April 1997, 29 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 Blanchet Association reported income of $252k and spending of $236k, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $218k to $252k (+16%), an average of +3.8% a year. Over the whole period it spent 109% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Providence Blanchet Association sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 56th percentile within WA. Charities of a similar size with the same main cause include Wellspring Living SC ($252k), Peacock Legacy of Hope ($252k) and Delano Commons Senior Housing ($252k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 67% and program service revenue 30% of the total. Other salaries and wages came to $58k. At year end it held assets of $639k against liabilities of $46k, net assets of $593k.