Public Charity

PROVIDENCE REVOLVING FUND

Based in PROVIDENCE, RI, PROVIDENCE REVOLVING FUND operates as a Public Charity. The organization reported $4.8M in revenue, $1.7M in expenses, $22.1M in total assets for fiscal year 2025. Imperigo tracks 10 reported grant relationships connected to this organization totaling approximately $437K.

EIN: 050386411 PROVIDENCE, RI Historical Organizations NTEE: A80 Latest filing: 2025
Total Revenue$4.8M
Total Expenses$1.7M
Total Assets$22.1M
Grant Records10
Funding Total$437K
Filing Years2021–2025

Mission

TO PRESERVE THE ARCHITECTURAL HERITAGE OF PROVIDENCE AND STIMULATE COMMUNITY REVITALIZATION THROUGH ADVOCACY, LENDING AND DEVELOPMENT IN HISTORIC AREAS.

Where $100 goes at Providence Revolving Fund

How Providence Revolving Fund divides every $100 it spends, from its own Form 990 filings, averaged across 8 years.

$93 Programs the work itself
$7 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $93 for programs

$31
Neighborhood loan program
34% of program spending
$31
Opportunity investment fund:prf launched the opportunity investment fund in 2019 to attract and pool private and public capital for affordable homeownership and rental housing projects undertaken by individual…
About 33% (cost not reported)
$31
Providence micro-business loan program:prf staff works closely with residents and business owners and continued to do so during the stay at home orders
About 33% (cost not reported) · Reported in the filing: 18 loans
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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

SECRETARY Bret Jedele
VICE PRESIDENT Doreen Conlon
BOARD MEMBER Doris De Los Santos
BOARD MEMBER Dwayne Keys
BOARD MEMBER Jack Ryan
BOARD MEMBER Kyle Bennett

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$202,847 4 grants
Economic Development
$152,000 2 grants
Arts & Culture
$75,000 3 grants
Unspecified
$7,500 1 grant

Financial Trends

Year Revenue Expenses Assets
2025 $4.8M $1.7M $22.1M
2024 $3.2M $1.1M $16.7M
2023 $939K $1.1M $11.7M
2022 $2.4M $684K $8.6M
2021 $729K $725K $6.6M

Between 2021 and 2025, reported annual revenue grew from $729K to $4.8M (+563%), with total assets most recently reported at $22.1M.

Interactive year-over-year charts and full filing details available with membership.

See the full picture for PROVIDENCE REVOLVING FUND

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