Provision Ministry Inc is a 501(c)(3) organization based in Westborough, Massachusetts, registered in 2017, with $47,809,580 in FY2024 revenue. CharityIndex grades it C.
Revenue (FY2024)
$47.8M
▲ 16.6% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$47.1M
Net assets
$1.9M
Employees
—
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Provision Ministry Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Provision Ministry Inc: 0 mo reserves · +1% margin earns a C on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Provision Ministry Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Provision Ministry Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $362K (FY2017) to $47.8M (FY2024) across 8 reported years.
Financial snapshot
Operating margin
1.5%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$1.9M
Total liabilities
$1,836
Net assets
$1.9M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $47,809,580▲16.6% | $47,115,872▲15.4% | $1,912,272▲56.9% | $1,914,108▲56.3% | 990 |
| 2023 | $41,006,031▲120% | $40,817,715▲121% | $1,218,564▲18.3% | $1,224,609▲17.6% | 990 |
| 2022 | $18,681,206▲52.5% | $18,482,121▲56.8% | $1,030,248▲24.0% | $1,041,670▲25.0% | 990 |
| 2021 | $12,247,682▲129% | $11,788,076▲132% | $831,163▲124% | $833,220▲124% | 990 |
| 2020 | $5,346,648▲426% | $5,072,794▲442% | $371,557▲280% | $372,382▲244% | 990 |
| 2019 | $1,016,255▲71.3% | $936,074▲60.8% | $97,703▲458% | $108,329▲209% | 990 |
| 2018 | $593,414▲63.8% | $582,264▲63.6% | $17,522▲175% | $35,105▼18.5% | 990 |
| 2017 | $362,345 | $355,973 | $6,372 | $43,078 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
24 grants to Provision Ministry Inc totaling $18.5M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Delivering Good Inc | Poverty assistance | 2024 | $10,741,814 |
| Humane World For Animals Inc | Provide pet food to pet owners in need through pets for life program | 2024 | $1,481,798 |
| Good360 | To assist those in need | 2024 | $13,766 |
| Greater Hartford Gives Foundation | Basic human needs | 2024 | $10,000 |
| Signatry Charitable Trust | Community development | 2024 | $8,000 |
| Delivering Good Inc | Poverty assistance | 2023 | $2,681,505 |
| Soles 4 Souls | Free distribution of shoes and clothing | 2023 | $175,545 |
| World Vision | Family assistance | 2023 | $39,907 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2023 | $34,800 |
| Servant Foundation | Community development | 2023 | $10,000 |
| Paypal Charitable Giving Fund | — | 2023 | $6,484 |
| Delivering Good Inc | Poverty assistance | 2022 | $1,996,398 |
| Soles 4 Souls | Free distribution of shoes and clothing | 2022 | $304,671 |
| World Vision | Development & family assistance | 2022 | $56,247 |
| Paypal Charitable Giving Fund | General support | 2022 | $15,976 |
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Data for Provision Ministry Inc (EIN 81-5481524) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.