BEducationEIN: 852193353· Ruling Year: 2021

Providence Preparatory Charter School

Providence, Rhode Island

B+Health Score
65B+

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 Org0.21×
Peer Median20.77×
💰
$4.4M
Total Revenue
📊
$4.1M
Total Expenses
🏦
$859K
Net Assets
📋
$1.3M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+34.2%
Year-over-year change (2022 → 2023)
Net Margin
+8.6%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.21
Net assets divided by total expenses
Liabilities-to-Assets
59.5%
Total liabilities as % of total assets

Filing History

3 filings on record
YearRevenueExpensesAssets
2023$4,449,80534%$4,068,84239%$2,120,769219%
2022$3,314,834699%$2,922,797853%$663,81676%
2021$415,097$306,680$377,945

Frequently Asked Questions

What does Providence Preparatory Charter School do?

Providence Preparatory Charter School is a education nonprofit organization based in Rhode Island. It is classified under NTEE code B29 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Providence Preparatory Charter School financially healthy?

Based on our 9-metric Financial Health Score model, Providence Preparatory Charter School has a score of 65/100 (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 Preparatory Charter School generate?

Providence Preparatory Charter School reports $6.0M in annual revenue and holds $2.4M in total assets, based on IRS filings.

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Providence Preparatory Charter School — Providence, RI | GiveScope