Overview
What is Providence College?
Providence College is a distinguished Catholic, Dominican institution of higher education based in Providence, Rhode Island. Committed to academic excellence, it fosters spiritual growth and encourages service to God and neighbor. The college provides a range of undergraduate, graduate, and certificate programs, incorporating a core curriculum that explores the profound questions of human existence. Its mission emphasizes academic rigor and the development of virtue.
Official website here: www.providence.edu
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Star rating)
Providence College has received a commendable Four-Star rating from Charity Navigator, reflecting its high standards in accountability and finance. The organization's score is derived entirely from a single beacon score, highlighting its strong commitment to financial transparency and governance. With a fiscal year ending in 2023, the college demonstrates robust oversight with a fully independent board, recognized for its adherence to best practices in nonprofit management.
The college excels in key performance metrics, including a program expense ratio of 80.94%, indicating a significant portion of funds is directed towards its educational programs. Additionally, the institution has implemented comprehensive policies, including conflict of interest and whistleblower protections, which further enhance its governance framework. The presence of an audit and oversight committee adds an extra layer of financial scrutiny, ensuring the responsible management of resources.
While the data reflects strong performance in financial accountability, the summary does not address any specific programmatic outcomes or community impact, which could provide a more holistic view of Providence College's effectiveness beyond financial stewardship. Overall, the organization stands out for its transparency and adherence to fiscal responsibility.
This AI summary has been generated from information found on Charity Navigator.
Is Providence College legitimate?
Providence College is a legitimate nonprofit organization registered as a 501(c)(3) entity. Providence College submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $4,293,660
Professional Fundraising Fees: $147,450
Other Salaries and Wages: $96,280,530
For more financial information, click here
Official website here: www.providence.edu
What is the mission statement of Providence College?
Providence College is a Catholic, Dominican institution of higher education committed to academic excellence. As a liberal arts college, it encourages intellectual growth and exploration of fundamental human questions. The mission of the college is to foster virtues and serve God and neighbor. Providence College offers various degree programs, including undergraduate, graduate, and certificates. Its core curriculum delves into the meaning and purpose of life. The college values the pursuit of knowledge and personal development. Situated in a community setting, it emphasizes the importance of service to others.
Official website here: www.providence.edu
What is the revenue of Providence College?
Providence College's revenue in 2023 was $372,863,038.
Official website here: www.providence.edu
Who are the executives of Providence College and what are their salaries?
The average compensation at Providence College during 2023 was $35,339. There are 2846 employees and 43 volunteers at Providence College.
Here are 55 key members and their salaries:
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- Compensation: $4,698,511
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- Compensation: $454,325
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- Compensation: $406,716
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- Other: $42,926
- Compensation: $357,096
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- Other: $55,045
- Compensation: $556,369
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- Other: $34,711
Official website here: www.providence.edu
Where can I find the form 990 for Providence College?
Providence College's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.providence.edu
Learn more at the official website: www.providence.edu
Mission Statement of Providence College
Providence College, a renowned Catholic and Dominican institution of higher education, is deeply committed to academic excellence. This liberal arts college fosters not only intellectual growth but also virtues and a dedication to serving God and neighbors. Located in the education sector, Providence College offers a variety of undergraduate, graduate, and certificate programs. Students at this esteemed institution engage in a rigorous core curriculum that delves into the fundamental questions of human existence, such as life's meaning and purpose. The college's mission is grounded in its Catholic and Dominican heritage, which emphasizes the importance of both intellectual and moral development. Providence College's academic programs aim to challenge students intellectually and inspire them to lead lives grounded in faith and service to others.
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Impact
October, 2024
Providence College significantly impacts its community by fostering academic excellence and personal growth within a Catholic, Dominican framework. As a liberal arts institution, it encourages students to engage deeply with fundamental questions of existence, exploring life's meaning and purpose through a core curriculum designed to cultivate critical thinking and ethical reasoning.
With offerings that include undergraduate and graduate degrees as well as certificate programs, the college nurtures a diverse range of talents and aspirations. The commitment to virtue and service to both God and neighbor fosters a sense of responsibility that extends beyond the campus, encouraging students to contribute positively to society.
Located in Providence, RI, the college also enhances the local community by embracing its role as an educational leader and a center for cultural and social development. The values instilled in students pave the way for them to become thoughtful, engaged citizens, dedicated to making a difference in their communities and the world at large.
This information is meant to be a general summary of Providence College. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $2,095,075
- Program Service Revenue: $310,762,208
- Gross Receipts: $423,603,273
Assets and Liabilities:
- Total Assets: $896,934,054
- Total Liabilities: $244,959,390
- Net Assets: $651,974,664
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION AND FEES
Revenue
$245,764,968
ROOM REVENUE
Revenue
$33,851,746
BOARD REVENUE
Revenue
$18,943,553
ATHLETICS REVENUE
Revenue
$12,093,437
AUXILARY REVENUE
Revenue
$108,504
Organization Details
Founding Year
1917
Principal Officer
Rev Kenneth R Sicard O
Website
www.providence.eduNTEE Category
Code: B420 - Education
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