Is Providence Community Housing Legit? —…

Quick charity verification for Providence Community Housing (EIN: 204627275)

Spending Breakdown

How Providence Community Housing allocates its funds across programs, administration, and fundraising.

80%

Program Spending

Healthy — majority goes to mission

15%

Admin Costs

Reasonable — admin costs in check

Fundraising

Within typical range

How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.

How to Interpret This Report

What Red Flags Mean

Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.

What Mission Score Measures

The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.

Using This Data for Donation Decisions

Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.

Frequently Asked Questions about Providence Community Housing

Is Providence Community Housing a legitimate charity?

Based on AI analysis of IRS 990 filings, Providence Community Housing (EIN: 204627275) appears trustworthy. Mission Score: 75/100. 2 red flags identified, 3 strengths noted.

Is Providence Community Housing a good charity to donate to?

Providence Community Housing has a Mission Score of 75/100. Revenue: $3.1M. Assets: $23.4M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Providence Community Housing?

The Employer Identification Number (EIN) for Providence Community Housing is 204627275. This is the unique tax ID assigned by the IRS.

What is a Mission Score?

The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.

How does Providence Community Housing spend its money?

Providence Community Housing allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Providence Community Housing's tax-exempt status?

You can verify Providence Community Housing's tax-exempt status using EIN 204627275 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.

AI Transparency Report

Providence Community Housing demonstrates a generally stable financial position with significant assets, though recent years show a trend of expenses exceeding revenue. In 2023, expenses were $2,673,762 against revenues of $2,463,446, and in 2022, expenses of $3,553,854 surpassed revenues of $2,635,399. This indicates a reliance on prior reserves or other funding sources to cover operational costs in these periods. The organization maintains substantial assets, reported at $23,424,109 in the latest filing, which provides a strong foundation for its mission. However, the consistent deficit spending in recent years warrants closer examination to ensure long-term sustainability.

The organization's transparency appears strong regarding executive compensation, with 0% reported for officer compensation across all available filings. This suggests that leadership is either volunteer-based or compensated through other means not categorized as officer compensation, which is a positive indicator for donor confidence. While specific program spending ratios are not provided in the raw data, the absence of officer compensation is a notable point of financial efficiency and transparency. Further analysis would benefit from detailed expense breakdowns to fully assess spending efficiency across programs, administration, and fundraising.

Overall, Providence Community Housing appears to be a well-established organization with a solid asset base. The recent trend of expenses exceeding revenue is a concern for financial health, but the lack of reported officer compensation is a significant strength in terms of transparency and potential efficiency. Donors should monitor future filings for a reversal of the deficit spending trend and for more detailed breakdowns of functional expenses.

Is Providence Community Housing Legit?

Verdict: Providence Community Housing appears trustworthy

Red Flags

Strengths