Public Charity

PROVIDENT BUSINESS FINANCIAL SERVICES INC

PROVIDENT BUSINESS FINANCIAL SERVICES INC is a nonprofit organization categorized as Public Charity based in WEST COLUMBIA, SC. Its most recent IRS filing (2025) reports revenue of $1.2M, expenses of $1.0M, total assets of $988K.

EIN: 331037188 WEST COLUMBIA, SC Small Business Development NTEE: S43 Latest filing: 2025
Total Revenue$1.2M
Total Expenses$1.0M
Total Assets$988K
Grant Records0
Filing Years2021–2025

Mission

THE PURPOSE OF THE ORGANIZATION IS TO ACT AS A DEVELOPMENT FINANCE INSTITUTION TO PROMOTE THE GROWTH OF PRODUCTIVE PRIVATE INVESTMENT AND TO ASSIST BUSINESS ENTERPRISES THAT WILL CONTRIBUTE TO THE ECONOMIC DEVELOPMENT OF THE STATE OF SOUTH CAROLINA AND THROUGHOUT THE UNITED STATES.

Where $100 goes at Provident Business Financial Services Inc

How Provident Business Financial Services Inc divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.

$83 Programs the work itself
$17 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 $83 for programs

$83
Provident Business Financial Services, inc
All program spending · Reported in the filing: 62 jobs; 3,742 jobs
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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

BOARD MEMBER Bo Armstrong
BOARD MEMBER Charles A Smith
BOARD MEMBER Ed Beaman
VICE-CHAIR Henry M Poston
PRESIDENT AN Keith Black
BOARD CHAIRM Mark Raines

Officer compensation and complete director data available with membership.

Financial Trends

Year Revenue Expenses Assets
2025 $1.2M $1.0M $988K
2024 $1.3M $1.1M $846K
2023 $984K $889K $711K
2022 $1.0M $872K $635K
2021 $981K $867K $539K

Between 2021 and 2025, reported annual revenue grew from $981K to $1.2M (+18%), with total assets most recently reported at $988K.

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

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