L — Housing & ShelterEIN: 043404084· Ruling Year: 1946

Providence Place Inc

Holyoke, Massachusetts

CHealth Score
35C

Financial Health Score

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

Below Average

💰
$5.1M
Total Revenue
📊
$5.1M
Total Expenses
🏦
-$6.1M
Net Assets
📋
$13.7M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+5.4%
Year-over-year change (2022 → 2023)
Net Margin
-0.5%
Revenue minus expenses as % of revenue
Working Capital Ratio
-1.19
Net assets divided by total expenses
Liabilities-to-Assets
180.9%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$5,120,011↑5%$5,145,705↑4%$7,554,357↓3%
2022$4,859,539↑12%$4,952,706↑2%$7,752,132↓6%
2021$4,349,524↓10%$4,868,988↑8%$8,262,213↓6%
2020$4,848,769↑4%$4,511,994↓6%$8,823,166↑4%
2019$4,654,680↑5%$4,797,008↑7%$8,523,347↓9%
2018$4,423,337↑5%$4,492,779↑5%$9,406,843↑2%
2017$4,231,151↓5%$4,275,853↑3%$9,191,124↓2%
2016$4,442,144↑2%$4,168,826$9,420,224↑1%
2015$4,338,814↑11%$4,150,200↑3%$9,334,647↓5%
2014$3,917,422↑8%$4,018,605↑6%$9,823,588↓2%
2013$3,616,187↑1%$3,800,532↑2%$10,009,955↓3%
2012$3,589,635↑1%$3,720,386↑2%$10,278,861↓2%
2011$3,538,132$3,651,482$10,485,319

Frequently Asked Questions

What does Providence Place Inc do?▼

Providence Place Inc is a housing & shelter nonprofit organization based in Massachusetts. It is classified under NTEE code L200 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Providence Place Inc financially healthy?▼

Based on our 9-metric Financial Health Score model, Providence Place Inc has a score of 35/100 (Grade: C). 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 Providence Place Inc generate?▼

Providence Place Inc reports $5.6M in annual revenue and holds $7.7M in total assets, based on IRS filings.

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