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Providence College

Public charityFed auditsIRS 990990-T FY2023
DBA: % JOHN SWEENEY SVP FINANCE/CF
Other · PROVIDENCE, RI · EIN 05-0258932

About

Organization's mission providence college is a catholic, dominican, liberal arts institution of higher education and a community committed to academic excellence in pursuit of the truth, growth in virtue, and service of GOD and neighbor. History providence college was founded in 1917 by the dominican friars at the invitation of bishop harkins to provide a catholic education in the arts and sciences. Faith and reason providence college is confident in the appeal of reason, believes that human beings are disposed to know the truth, and trusts in the power of grace to enlighten minds, open hearts, and transform lives. Providence college maintains that the pursuit of truth has intrinsic value, that faith and reason are compatible and complementary means to its discovery, and that the search for truth is the basis for dialogue with others and critical engagement with the world. Academic excellence providence college is committed to academic excellence, and holds itself to the highest standards in teaching, learning, and scholarship. Its CORE curriculum addresses key questions of human existence, including life's meaning and purpose, and stresses the importance of moral and ethical reasoning, aesthetic appreciation, and understanding the natural world, other cultures, and diverse traditions. Providence college honors academic freedom, promotes critical thinking and engaged learning, and encourages a pedagogy of disputed questions. Community and diversity providence college seeks to reflect the RICH diversity of the human family. Following the example of ST. Dominic, who extended a loving embrace to ALL, it welcomes qualified men and women of every background and affirms the GOD-given dignity, freedom, and equality of each person. Providence college promotes the common good, the human flourishing of each member of the campus community, and service of neighbours near and far. Veritas and providence providence college brings the eight-hundred-year-old dominican ideal of veritas to the issues and challenges of today. It seeks to share the fruits of contemplation in an increasingly global and diverse society, and to praise and bless ALL that is good and vital in human endeavors. Providence college supports the dominican mission of preaching the gospel of jesus christ to a new generation of students and helping them discover GOD's providence in their lives.

In care of JOHN Sweeney SVP Finance/cf

Donations are tax-deductible
Category
Other
Employees
2,846
Volunteers
43

Financial Snapshot

FY ending 2023-06-30
Revenue
$372.9M
Expenses
$349.7M
Assets
$1.0B
Liabilities
$359.3M

Financial history

$372.9M$186.4M$0
1617181920212223
RevenueExpenses
Latest FY2023: $372.9M · Avg: $320.3M

Foreign activity (Schedule F)

Total spent abroad$122.7M
Foreign employees0
Foreign offices0
Foreign partnership interestYes
Foreign trust interestNo
RegionActivitySpent
CENTRAL AMERICA/CARRIBEAN
EUROPE
CENTRAL AMERICA/CARRIBEAN
EAST ASIA & THE PACIFIC
EUROPE
MIDDLE EAST & NORTH AFRICA
NORTH AMERICA
SOUTH AMERICA
SUB-SAHARAN AFRICA

501(h) election

This 501(c)(3) has NOT elected 501(h) — lobbying is permitted but limited under the vaguer "no substantial part of activities" test.

Political & Grant Activity

Campaign Spending
Lobbying
$27K
Grants Given
$94.4M
PROVIDENCE COLLEGE
Your actions

Address

1 Cunningham SQ
Providence, RI, 02918-700

Governance

Voting board members40
Independent members37
Conflict-of-interest policyYes
Whistleblower policyYes
Doc-retention policyYes
Audit committeeYes
990 reviewed by boardYes

Compensation practices

Severance paymentsNo
Equity-based compNo
Supplemental retirement planYes
Compensation committeeYes
Used comp surveyYes
Board approved compYes
Initial contract exceptionNo

Financial detail (Schedule D)

Board-designated %30.0%
Permanent endowment %40.0%
Endowment held by related orgNo

Fundraising activity (Schedule G)

Uses professional fundraisersYes
Gross fundraising receipts$456K
Net to org$308K
Retained by contractors$147K
ChannelsMail · Phone · Email · In-person · Grant solicitation
Public records
ProPublica Nonprofit Explorer
Full 990 PDFs going back to 2001, plus parsed financial extracts. The easiest place to read actual filings.
IRS Tax Exempt Organization Search
IRS-side authoritative source. Confirms current exempt status and pulls the latest determination letter.
These open in a new tab. AllCiv doesn't host filings directly — these are the authoritative public-record sources.