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North Carolina · Nonprofit

PROVIDENCE DAY SCHOOL INC

PROVIDENCE DAY SCHOOL INC (North Carolina) receives grants from 60 organizations whose IRS filings report $16,378,475 to it, the largest being FOUNDATION FOR THE CAROLINAS ($10,404,090). 40 of them have funded it in more than one year, and 92% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.

Revenue FY2025
$73M
Funders on record
60
Grants received
$16M
Net assets
$95M
40/60 repeat funderspeak grant-dependency 16%
01What it does

What Providence Day School Inc does

Mission

Providence day school exists to inspire in its students a passion for learning, a commitment to personal integrity, and a sense of social responsibility. The school is committed to developing student leaders who have the necessary knowledge, skills and character traits to succeed in the 21st century global environment.

As stated on its FY2025 Form 990.

Programs

  1. Providence day school is known for its innovative approach and focus on global studies, as one of just six schools nationwide to offer a global studies diploma and a round square school; for its emphasis on social responsibility, proud to be a private school with a public purpose, including dozens of community partnerships and its unique freedom school site; for its commitment to education in science and technology, and the application of innovation to teaching; for its accomplished scholar-athletes, who win state and local championships and go on to division 1 teams and pro leagues including the nba, wnba, and mls; and for its deep focus on the arts, dominating regional and statewide honors. The school's greatest strength is its faculty, who serve as national ap readers and hold 101 master's degrees and 15 ph.ds; their accolades range from a regional emmy to a newbery honor book award to an american geographical society teacher fellowship.

    $51,920,545 spentof which $4,751,335 as grants$60,325,954 earned by the program
    94% of program spending
  2. For 30 years, providence day has helped children grow strong through summer camp opportunities in sports, academics, art, technology, and more. The summer program is open to the public.

    $1,054,849 spent$1,509,895 earned by the program
    2% of program spending
  3. The extended day program, a nationally recognized after-school program, for the lower school students of providence day school. The extended day program provides an enriching experience for providence day school's lower school students. Teachers actively promote each child's social, emotional, and physical development through nurturing relationships, flexible scheduling, and choices that reflect each child's individual needs, interests, and abilities.the program opens after school, on teacher workdays and most school holidays with activity choices that range from art, cooking, gardening, sewing and sports as well as over 20 weekly enrichment programs.

    $1,095,917 spent$1,701,320 earned by the program
    2% of program spending
  4. Other programs include morning and afternoon bus transportation, spirit store, facility rentals and the operations of our parents association and charger booster club.

    $1,387,243 spent$786,522 earned by the program
    3% of program spending

The 4 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $55,458,554.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($43M) Expenses 100 ($40M) Net assets 100 ($53M)2018 Revenue 101 ($43M) Expenses 105 ($42M) Net assets 105 ($56M)2019 Revenue 105 ($45M) Expenses 113 ($45M) Net assets 106 ($56M)2020 Revenue 112 ($48M) Expenses 118 ($47M) Net assets 102 ($54M)2021 Revenue 118 ($50M) Expenses 120 ($48M) Net assets 119 ($63M)2022 Revenue 131 ($56M) Expenses 132 ($53M) Net assets 125 ($67M)2023 Revenue 140 ($60M) Expenses 144 ($57M) Net assets 131 ($70M)2024 Revenue 165 ($70M) Expenses 152 ($61M) Net assets 155 ($83M)2025 Revenue 171 ($73M) Expenses 159 ($64M) Net assets 178 ($95M)
'17'18'19'20'21'22'23'24'25
Revenue (171)Expenses (159)Net assets (178)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2021 to 2022, from $111M to $128M (+16%).

$100M
$102M
$103M
$101M
$111M
$128M
$140M
$155M
$166M
'17'18'19'20'21'22'23'24'25
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

10% of PROVIDENCE DAY SCHOOL INC’s revenue is contributions — about as donation-reliant as the typical peer (23% for the typical peer).

This organization
Typical peer · 4,254 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 9 reported years ran a deficit.

$2.6M
’17
$1.1M
’18
−$409k
’19
$316k
’20
$2.0M
’21
$3.1M
’22
$2.2M
’23
$9.4M
’24
$9.3M
’25
7.4
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Board chair

Jim Ratchford

Chair

As listed on its FY2025 Form 990.

'17'18'19'20'21'22'23'24'25
Listed282525273026292830
Joined·+4+4+6+5+1+10+5+8
No longer listed·74425766
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 17 funders to 28 funders, grant income rose $675k → $903k.

19 of 60 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 92% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of PROVIDENCE DAY SCHOOL INC’s funders (the co-funder graph). Top 30 of 60 funders by total. Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

PROVIDENCE DAY SCHOOL INC leans on a few funders — its largest provides 64% of grant income and the top three 76%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

93% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund PROVIDENCE DAY SCHOOL INC.

64%
largest funder
76%
top three
~2
effective funders

Largest funder’s share by year: 2017 37% · 2018 39% · 2019 24% · 2020 23% · 2021 37% · 2022 94% · 2023 31% — diversifying over time.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How long its funders stay

49% of PROVIDENCE DAY SCHOOL INC's funders are still giving 3 years after their first grant; 67% give in more than one year at all.

first grant+1y+2y+3y+4y+5y+6y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

92% of PROVIDENCE DAY SCHOOL INC's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Of the $1.3M that is directly attributable, 54% of it comes from funders outside North Carolina, across 16 states.

NH
IL
WI
NY
MA
OH
PA
CT
RI
CA
UT
MD
NC
SC
TX
FL

In-state vs out-of-state, by year

’17
’18
’19
’20
’21
’22
’23
North Carolina out of state home

Funder states come from each funder’s own filing. $15M arriving through sponsors registered in 12 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

PROVIDENCE DAY SCHOOL INC holds deeper cash reserves than three-quarters of the 3,794 education nonprofits its size.

Operating margin13% · above the median
Months of reserve7.4mo · top quartile
Revenue growth (annualized)7% · above the median

this organization peer median middle 50% of peers· 3,794 education nonprofits $10M–$100M, FY2025

Organizations like PROVIDENCE DAY SCHOOL INC

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In North Carolina

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

87% of spending goes to programs.

Program 87%Management 10%Fundraising 3%

Governance

18
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Footprint & structure

Files a return copy in 1 state

NC

Screen this organization

A dated, signed PDF of the compliance screen for PROVIDENCE DAY SCHOOL INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds PROVIDENCE DAY SCHOOL INC?
PROVIDENCE DAY SCHOOL INC (North Carolina) receives grants from 60 organizations whose IRS filings report $16,378,475 to it, the largest being FOUNDATION FOR THE CAROLINAS ($10,404,090). 40 of them have funded it in more than one year, and 92% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
How many funders does PROVIDENCE DAY SCHOOL INC have?
IRS filings report 60 organizations giving $16,378,475 in grants to PROVIDENCE DAY SCHOOL INC, 40 of which have funded it in more than one year.
Who is the largest funder of PROVIDENCE DAY SCHOOL INC?
FOUNDATION FOR THE CAROLINAS is the largest funder on record, with $10,404,090 in grants. The full list of funders is on this page.
How can an organization like PROVIDENCE DAY SCHOOL INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in North Carolina. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Providence Day School →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 60 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 22, 2026. What this page cannot tell you · view filing