The Providence Center INC

Providence, Rhode Island

B+Health Score
65B+

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Good

How This Organization Compares

Compared to 3 peers in Mental Health & Crisis Intervention with $10M-$100M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org0.40×
Peer Median1.36×
💰
$52.4M
Total Revenue
📊
$50.5M
Total Expenses
🏦
$20.3M
Net Assets
📋
$10.1M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+5.2%
Year-over-year change (2022 → 2023)
Net Margin
+3.6%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.40
Net assets divided by total expenses
Liabilities-to-Assets
33.2%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$52,358,2365%$50,461,3585%$30,408,0722%
2022$49,786,0455%$48,015,6142%$29,800,6394%
2021$52,557,5733%$48,843,8344%$28,729,66217%
2020$50,992,680$50,825,8933%$24,585,7407%
2019$51,012,5973%$52,663,0752%$22,893,88913%
2018$49,519,6347%$51,734,4532%$26,268,0101%
2017$53,070,086212%$52,524,025352%$26,512,7478%
2016$16,993,73162%$11,617,26974%$24,538,6908%
2015$44,697,1734%$44,070,0215%$22,755,91726%
2014$43,138,5832%$42,149,9273%$17,993,85615%
2013$42,177,07011%$40,770,8159%$15,695,2061%
2012$37,890,85319%$37,244,06318%$15,775,32616%
2011$31,900,726$31,583,512$13,585,920

Frequently Asked Questions

What does The Providence Center INC do?

The Providence Center INC is a mental health & crisis intervention nonprofit organization based in Rhode Island. It is classified under NTEE code F320 and is registered as a 501(c) tax-exempt organization with the IRS.

Is The Providence Center INC financially healthy?

Based on our 9-metric Financial Health Score model, The Providence Center INC has a score of 65/100 (Grade: B+). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does The Providence Center INC generate?

The Providence Center INC reports $50.9M in annual revenue and holds $26.8M in total assets, based on IRS filings.

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