PROVIDENCE COLLEGE
1 CUNNINGHAM SQ, PROVIDENCE, RI · IRS data through FY2025
Revenue, expenses and net assets
Revenue Expenses Net assets
| Tax year | Revenue | Expenses | Net assets |
|---|---|---|---|
| FY2025 | $423,738,758 | $409,374,731 | $768,037,545 |
| FY2024 | $383,926,251 | $377,862,190 | $721,484,306 |
| FY2023 | $372,863,038 | $349,671,951 | $684,970,099 |
| FY2022 | $364,064,066 | $331,734,828 | $651,974,664 |
| FY2021 | $327,751,899 | $301,852,279 | $671,272,482 |
| FY2020 | $299,300,711 | $295,190,666 | $568,834,662 |
| FY2019 | $316,611,289 | $294,015,376 | $560,932,967 |
| FY2018 | $304,863,629 | $276,435,334 | $544,338,545 |
| FY2017 | $286,975,092 | $265,939,279 | $527,748,751 |
| FY2016 | $276,456,891 | $252,166,269 | $498,532,050 |
| FY2015 | $267,424,134 | $243,500,682 | $484,380,485 |
| FY2014 | $254,057,233 | $236,738,994 | $471,227,304 |
| FY2013 | $237,563,342 | $215,135,746 | $431,142,659 |
| FY2012 | $229,643,796 | $202,309,464 | $394,159,921 |
Where the revenue came from
| Source | Amount | % of revenue |
|---|---|---|
| Contributions & grants | $35,791,921 | 9% |
| Program service revenue | $370,543,804 | 91% |
Where the money was spent
| Category | Amount | % of expenses |
|---|---|---|
| Program services | $338,334,838 | 83% |
| Management & general | $63,525,737 | 16% |
| Fundraising | $7,514,156 | 2% |
What the numbers show
- Program service revenue made up 91% of total revenue in FY2025.
- Program services accounted for 83% of functional expenses, management & general 16%, and fundraising 2%.
- 83% of functional expenses went to program services in FY2025. That is higher than 47.8% of 23 Education organizations in RI.
- Net assets covered about 22.5 months of expenses at the end of the reporting year. That puts it in the 58th percentile among 256 Education organizations in RI.
- Total revenue was higher than 100.4% of 258 Education organizations in RI.
- Total revenue rose from $229,643,796 in FY2012 to $423,738,758 in FY2025, Revenue increased in 12 and decreased in 1 of 13 year-over-year comparisons.
- Revenue covered expenses in each of the 14 reported years, FY2012 to FY2025.
- Net assets grew from $394,159,921 to $768,037,545 between FY2012 and FY2025.
- Donations are generally tax-deductible (public charity).
Figures compared against other organizations of the same NTEE program area in the same state. See the methodology page for how these are calculated and the guide to reading nonprofit financials for their limits.
About this organization
SEE SCHEDULE OPROVIDENCE COLLEGE IS A CATHOLIC, DOMINICAN, LIBERAL ARTS INSTITUTION OF HIGHER EDUCATION AND A COMMUNITY COMMITTED TO ACADEMIC EXCELLENCE.
IRS status
| Ruling year | 1942 |
| Subsection | 501(c)(3) |
| Classification | Public charity |
| Program area (NTEE) | B420 — Education |
| Donations | Donations are generally tax-deductible (public charity). |
Similar organizations
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- BRYANT UNIVERSITY — SMITHFIELD, RI · $278,704,976
- ROGER WILLIAMS UNIVERSITY — BRISTOL, RI · $246,287,787
- RHODE ISLAND SCHOOL OF DESIGN — PROVIDENCE, RI · $239,901,991
Source: Internal Revenue Service — Exempt Organizations Business Master File (downloaded September 20, 2026), Statistics of Income extracts, Form 990 e-file data, Publication 78 and the Automatic Revocation list. Figures are as reported by the organization; IRS processing may adjust them. This is not a charity rating and not tax advice. Confirm deductibility in IRS Tax Exempt Organization Search.
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