Providence Senior Housing Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 689,407 | 1,025,406 | −335,999 | -37.1 | 12% |
| 2019 | 699,987 | 1,062,328 | −362,341 | -40.0 | 12% |
| 2020 | 692,547 | 1,111,723 | −419,176 | -44.6 | 14% |
| 2021 | 712,803 | 1,108,610 | −395,807 | -49.0 | 13% |
| 2022 | 786,173 | 1,115,586 | −329,413 | -52.3 | 12% |
| 2023 | 834,067 | 1,143,280 | −309,213 | -54.3 | 12% |
In its most recent public year (2023), this organization spent $309,213 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-54.3 months), down from -37.1 in 2018. Staff pay was 12% of spending. $821,799 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
Providence Senior Housing Corporation's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works