The Providence Center Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 50,992,680 | 50,825,893 | 166,787 | 4.1 | 62% |
| 2021 | 52,557,573 | 48,843,834 | 3,713,739 | 5.0 | 64% |
| 2022 | 49,786,045 | 48,015,614 | 1,770,431 | 5.2 | 63% |
| 2023 | 52,358,236 | 50,461,358 | 1,896,878 | 4.8 | 63% |
In its most recent public year (2023), this organization brought in $1,896,878 more than it spent. Its reserves stood at about 4.8 months of spending. Staff pay was 63% of spending. $3,602,255 of its net assets are donor-restricted.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
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