BEducationEIN: 050258928· Ruling Year: 1973

Providence Athenaeum

Providence, Rhode Island

B+Health Score
72B+

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 4 peers in Education with $1M-$10M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org10.29×
Peer Median20.77×
💰
$1.7M
Total Revenue
📊
$1.5M
Total Expenses
🏦
$14.9M
Net Assets
📋
$116K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-19.3%
Year-over-year change (2022 → 2023)
Net Margin
+14.4%
Revenue minus expenses as % of revenue
Working Capital Ratio
10.29
Net assets divided by total expenses
Liabilities-to-Assets
0.8%
Total liabilities as % of total assets

Filing History

12 filings on record
YearRevenueExpensesAssets
2023$1,696,29819%$1,452,75026%$15,061,0109%
2022$2,102,3245%$1,951,05732%$13,863,99014%
2021$2,203,84571%$1,480,58516%$16,166,38722%
2020$1,290,48446%$1,272,231$13,287,6421%
2019$885,19243%$1,274,6582%$13,120,8891%
2018$1,552,83917%$1,297,0826%$12,948,9914%
2017$1,868,29949%$1,227,1866%$12,393,4238%
2016$1,249,70826%$1,159,6219%$11,518,1363%
2015$990,94466%$1,059,6306%$11,915,8904%
2014$2,929,446212%$996,8841%$12,373,2499%
2013$938,70721%$987,6572%$11,327,4707%
2012$777,825$971,366$10,542,615

Frequently Asked Questions

What does Providence Athenaeum do?

Providence Athenaeum is a education nonprofit organization based in Rhode Island. It is classified under NTEE code B71Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is Providence Athenaeum financially healthy?

Based on our 9-metric Financial Health Score model, Providence Athenaeum has a score of 72/100 (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 Providence Athenaeum generate?

Providence Athenaeum reports $2.4M in annual revenue and holds $17.3M in total assets, based on IRS filings.

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Providence Athenaeum — Providence, RI | GiveScope