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Providence Alaska Foundation

Anchorage, AK · EIN 92-0093565 · 501(c)(3) · Church
Latest filing: Form 990 for calendar year 2024 (tax year 2024) · View the filing · Correct or respond

Providence Alaska Foundation reported $17.4 million in revenue and $16.0 million in expenses for calendar year 2024. Of every $100 it spent, $91.99 went to program services, $4.99 to management and general costs and $3.02 to fundraising. Its largest source of revenue was contributions and grants: 89.0% of the total. Government grants made up 43.2%. The highest compensation it reported for one person was $1,234,162 (DIRECTOR). Revenue rose 73% between 2019 and 2024. Source: Form 990, 2024.

Where $100 of spending went

Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $16M

For context, the median across 5,634 covered health care charities: $86.19 programs, $13.81 management, $0.00 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

Calendar year 2024 · Form 990, Part VIII · total revenue $17M

The 990 scorecard · same measures for every charity, no grades

2024 filing. Median across 5,634 covered charities in this category, from their latest filings.
Measure2024Median
Program services
Part IX 25(B) ÷ 25(A)
92.0%85.6%
Management & general
Part IX 25(C) ÷ 25(A)
5.0%13.7%
Fundraising
Part IX 25(D) ÷ 25(A)
3.0%0.0%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.03$0.00
Contributions & grants share of revenue
Part VIII 1h ÷ 12
89.0%1.3%
Government grants share of revenue
Part VIII 1e ÷ 12
43.2%0.1%
Program service revenue share
Part VIII 2g ÷ 12
0.0%93.7%
Highest reported compensation
Part VII-A, columns D–F
$1,234,162$975,831
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
7.70%1.34%
People paid over $100,000
Part VII, line 2
027
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
44.46.6
Independent voting board members
Part VI 1a–1b
16 of 1888.9%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

2024 · Form 990, Part III · the three largest programs by expense
$15M expenses · 100.0% of program spending · grants $15M

See schedule oat providence, we use our voice to advocate for vulnerable populations and needed reforms in health care. We are also pursuing innovative ways to transform health care by keeping people healthy, and making our services more convenient, accessible and affordable for all. In an increasingly uncertain world, we are committed to high-quality, compassionate care for everyone - regardless of coverage or ability to pay. We help people and communities benefit from the best health care model for the future - today.together, our 117,000 caregivers (all employees) serve in 51 hospitals…

Highest reported compensation

2024 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
DIRECTOR
Director/trustee, 0.50 hrs/week
$0$1,175,902$58,260$1,234,162
PRESIDENT
Director/trustee, officer, 1.00 hrs/week
$0$228,783$30,987$259,770

0 people received more than $100,000 in reportable compensation from Providence Alaska Foundation (Part VII, line 2).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$5.0M$10M$15M$20M201920202021202220232024$17M$16M
FilingRevenueExpensesProgramsNet assetsTop pay
2024 ⓘ$17M$16M92.0%$59M$1,234,162
2023 ⓘ$10M$8.5M80.6%$52M$1,305,642
2022 ⓘ$12M$8.8M80.0%$43M$1,936,913
2021 ⓘ$8.9M$12M87.7%$51M$1,375,053
2020 ⓘ$13M$12M87.5%$50M$1,311,284
2019 ⓘ$10M$10M85.9%$38M$1,275,589

Governance answers, as filed

2024 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means
  • Voting board members, and how many are independent Part VI, lines 1a–1b18 · 16 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13Yes
  • Document retention policy Part VI 14Yes
  • Independent process for top executive pay Part VI 15aNo
  • Board given the 990 before filing Part VI 11aYes
  • Family or business ties among insiders Part VI 2No
  • Aware of a significant diversion of assets Part VI 5No
  • Excess benefit transaction with an insider Part IV 25aNo
  • Loans to or from insiders outstanding Part IV 26No
  • Lobbying, or a 501(h) election in effect Part IV 4No
  • Over $15,000 of professional fundraising services Part IV 18No
  • Over $10,000 of activity outside the U.S. Part IV 14bNo
  • Employees Part I, line 50
  • Volunteers Part I, line 650

Private foundation grants it received

6 private foundations reported grants to Providence Alaska Foundation totaling $236K on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.

Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.

Correct a figure or respond

Every number above is copied from Providence Alaska Foundation's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Providence Alaska Foundation, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All health care charities · Largest charities in Alaska

Questions people ask

How much of Providence Alaska Foundation's spending goes to programs?

In calendar year 2024, Providence Alaska Foundation reported that 92.0% of its $16.0 million in expenses went to program services, 5.0% to management and general and 3.0% to fundraising (Form 990, Part IX).

How much does Providence Alaska Foundation pay its top executive?

The largest total compensation Providence Alaska Foundation reported for one person in calendar year 2024 was $1,234,162, for the role of DIRECTOR (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Providence Alaska Foundation get its money?

Of $17.4 million in revenue in calendar year 2024, 89.0% came from contributions and grants (including 43.2% from government grants) and 0.0% from program service revenue (Form 990, Part VIII).

Is Providence Alaska Foundation a registered charity?

The IRS lists EIN 92-0093565 as a 501(c)(3) organization (church), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • 2024: Form 990 for calendar year 2024, object 202503099349302750 · read the filing · XML
  • 2023: Form 990 for calendar year 2023, object 202403169349303035 · read the filing
  • 2022: Form 990 for calendar year 2022, object 202303189349303995 · read the filing
  • 2021: Form 990 for calendar year 2021, object 202233129349300223 · read the filing
  • 2020: Form 990 for calendar year 2020, object 202113199349326931 · read the filing
  • 2019: Form 990 for calendar year 2019, object 202023189349309152 · read the filing

All filings for EIN 92-0093565: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.