LHousing & 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$5,120,0115%$5,145,7054%$7,554,3573%
2022$4,859,53912%$4,952,7062%$7,752,1326%
2021$4,349,52410%$4,868,9888%$8,262,2136%
2020$4,848,7694%$4,511,9946%$8,823,1664%
2019$4,654,6805%$4,797,0087%$8,523,3479%
2018$4,423,3375%$4,492,7795%$9,406,8432%
2017$4,231,1515%$4,275,8533%$9,191,1242%
2016$4,442,1442%$4,168,826$9,420,2241%
2015$4,338,81411%$4,150,2003%$9,334,6475%
2014$3,917,4228%$4,018,6056%$9,823,5882%
2013$3,616,1871%$3,800,5322%$10,009,9553%
2012$3,589,6351%$3,720,3862%$10,278,8612%
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 $5.4M in annual revenue and holds $7.6M in total assets, based on IRS filings.

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