Providence Charitable Fuel Society
EIN: 56012369 · Providence, RI
| Metric | Value |
|---|---|
| Total Revenue | $22K |
| Total Expenses | $9K |
| Net Assets | $108K |
Is Providence Charitable Fuel Society Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Providence Charitable Fuel Society
Providence Charitable Fuel Society (EIN: 56012369) is a nonprofit organization based in Providence, RI. The organization reported total revenue of $22K and total assets of $116K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Providence Charitable Fuel Society's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Providence Charitable Fuel Society is a micro nonprofit that has been operating for 91 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 16.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $9K |
| Total Expenses | $9K |
| Surplus / Deficit | +$183 |
| Total Assets | $108K |
| Total Liabilities | $1 |
| Net Assets | $108K |
| Operating Margin | 2.1% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 150.0 months |
Financial Health Grade: A
In 2023, Providence Charitable Fuel Society reported a surplus of $183 with revenue exceeding expenses, holds 150.0 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Providence Charitable Fuel Society's revenue has grown at a compound annual growth rate (CAGR) of 16.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +101.7% | -10.7% | +0.2% |
| 2022 | -49.7% | +11.6% | -4.7% |
| 2021 | -18.6% | +7.4% | +0.0% |
| 2020 | +42.2% | -2.0% | +2.4% |
| 2019 | +12.9% | +5.6% | -0.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1935 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Providence Charitable Fuel Society has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Providence Charitable Fuel Society with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $183, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Providence Charitable Fuel Society
Is Providence Charitable Fuel Society a legitimate charity?
Providence Charitable Fuel Society (EIN: 56012369) is a registered tax-exempt nonprofit based in Rhode Island. It has 10 years of IRS 990 filings on record. Total revenue: $22K. No red flags identified. Financial health grade: A.
How does Providence Charitable Fuel Society spend its money?
Providence Charitable Fuel Society reported $22K in total revenue in IRS 990 filings. 10 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Providence Charitable Fuel Society tax-deductible?
Providence Charitable Fuel Society is registered as a tax-exempt nonprofit (EIN: 56012369). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Providence Charitable Fuel Society located?
Providence Charitable Fuel Society is headquartered in Providence, Rhode Island and files with the IRS under EIN 56012369.
How many years of IRS 990 filings does Providence Charitable Fuel Society have?
Providence Charitable Fuel Society has 10 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $22K in total revenue.
Filing History
IRS 990 filing history for Providence Charitable Fuel Society showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Providence Charitable Fuel Society's revenue has grown by 492.6%, moving from $1K to $9K. Total assets decreased by 8.1% over the same period, from $118K to $108K. Total functional expenses rose by 41.3%, from $6K to $9K. In its most recent filing year (2023), Providence Charitable Fuel Society reported a surplus of $183, with revenue exceeding expenses. The organization holds $1 in liabilities against $108K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $108K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $9K | $9K | $108K | $1 | — | — |
| 2022 | $4K | $10K | $108K | $1 | — | View 990 |
| 2021 | $9K | $9K | $113K | $1 | — | — |
| 2020 | $11K | $8K | $113K | $1 | — | — |
| 2019 | $8K | $8K | $111K | $1 | — | View 990 |
| 2015 | $7K | $8K | $111K | $1 | — | View 990 |
| 2014 | $10K | $8K | $112K | $1 | — | View 990 |
| 2013 | $4K | $7K | $110K | $1 | — | View 990 |
| 2012 | $2K | $7K | $112K | $1 | — | View 990 |
| 2011 | $1K | $6K | $118K | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $9K, expenses of $9K, and assets of $108K (revenue +101.7% year-over-year).
- 2022: Revenue of $4K, expenses of $10K, and assets of $108K (revenue -49.7% year-over-year).
- 2021: Revenue of $9K, expenses of $9K, and assets of $113K (revenue -18.6% year-over-year).
- 2020: Revenue of $11K, expenses of $8K, and assets of $113K (revenue +42.2% year-over-year).
- 2019: Revenue of $8K, expenses of $8K, and assets of $111K (revenue +12.9% year-over-year).
- 2015: Revenue of $7K, expenses of $8K, and assets of $111K (revenue -34.4% year-over-year).
- 2014: Revenue of $10K, expenses of $8K, and assets of $112K (revenue +133.4% year-over-year).
- 2013: Revenue of $4K, expenses of $7K, and assets of $110K (revenue +158.4% year-over-year).
- 2012: Revenue of $2K, expenses of $7K, and assets of $112K (revenue +12.9% year-over-year).
- 2011: Revenue of $1K, expenses of $6K, and assets of $118K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Providence Charitable Fuel Society:
Data Sources and Methodology
This transparency report for Providence Charitable Fuel Society is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.