Providence St Elizabeth Association

Analysis

Providence St Elizabeth Association is a registered charity in United States, based in Renton, WA. It received its IRS tax-exemption ruling in March 2002, 24 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 St Elizabeth Association reported income of $707k and spending of $961k, spending 136% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $613k to $707k (+15%), an average of +3.6% a year. Over the whole period it spent 135% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Providence St Elizabeth Association 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 75th percentile, and in the 74th percentile within WA. Charities of a similar size with the same main cause include Heroes Warehouse Inc ($706k), Gamelin Washington Association ($707k) and Mapleton Home Association ($706k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 60% and program service revenue 38% of the total. Other salaries and wages came to $191k. At year end it held assets of $2.9m against liabilities of $276k, net assets of $2.6m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.