Louisiana · Nonprofit
Provident Resources Group Inc
Provident Resources Group Inc (Louisiana) receives grants from 5 organizations whose IRS filings report $6,720,345 to it, the largest being PROVIDENT AFFORDABLE HOUSING RESOURCES INC ($4,820,344). 3 of them have funded it in more than one year.
- Revenue FY2024
- $356M
- Funders on record
- 5
- Grants received
- $6.7M
- Net assets
- $-481650901
What Provident Resources Group Inc does
Mission
The stated charitable purpose of the organization shall include, without limitation, a broad range of activities, programs, and services that: - provide for and serve the needs of the elderly, which may be accomplished by the development, construction, acquisition, ownership, (Continued in Schedule O)
As stated on its FY2024 Form 990.
Programs
The education resources division promotes and advances education through the development, construction, operation, financing and management of facilities of various types, including student housing, health and wellness, as well as academic and administrative space for the benefit of colleges and universities throughout the country. As of december 31, 2023, the organization owned and operated residential facilities providing more than 18,000 beds of safe, convenient and affordable student housing for students, faculty and staff of the institutions we serve.
$204,043,983 spentof which $31,883 as grants$169,716,893 earned by the program60% of program spendingThe senior living resources division offers activities, services and programs designed to meet the special needs of the elderly, including housing and health care, within an environment that promotes the dignity and independence of the residents. Our facilities offer the finest amenities along with wellness programming, daily social activities, 24/7 support and care, and educational opportunities to ensure residents enjoy optimal quality of life and peace of mind.
$87,602,246 spent$90,754,135 earned by the program26% of program spendingThe Government Resources Division pursues projects designed to lessen the burdens of government. We are committed to easing the financial and budgetary constraints of state and local governments through various means, including the development, financing, construction, management, and operation of public facilities, government buildings, and various systems of public infrastructure essential to delivering government services and supporting private sector economic activity.
$49,217,620 spent$39,858,414 earned by the program14% of program spending
The 3 programs described on its FY2023 Form 990, listed largest first by expense. Program spending in total: $340,863,849.
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.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2023 to 2024, from $3.0B to $4.1B (+37%).
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.
7% of Provident Resources Group Inc’s revenue is contributions — more reliant on donations than three-quarters of its peers (1% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 8 of the last 8 reported years ran a deficit.
reserve
Who funds it, year by year
2017 → 2023: the base broadened from 1 funder to 4 funders, grant income fell $4.8M → $533k.
2 of 5 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 17% 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 Provident Resources Group Inc’s funders (the co-funder graph). 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
Provident Resources Group Inc leans on a few funders — its largest provides 72% of grant income and the top three 96%; half comes from just 1 funder.
the vertical line marks half of all grant income — 1 funder to its left
100% 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 Provident Resources Group Inc.
Largest funder’s share by year: 2017 100% · 2020 100% · 2021 53% · 2022 67% · 2023 63% — 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.
Where its funders are
Provident Resources Group Inc draws 87% of its grant income from funders outside Louisiana, across 2 states in all.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $1.2M arriving through sponsors registered in 2 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.
Against its field
Provident Resources Group Inc has grown faster than three-quarters of the 2,075 health nonprofits its size.
this organization peer median middle 50% of peers· 2,075 health nonprofits over $100M, FY2024
Organizations like Provident Resources Group 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 Louisiana
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
98% of spending goes to programs.
Governance
Public support
85%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Part of a family of 58 related entities
- Graceland Nursing Center LLC · disregarded
- Provident Foundation-Wedgewood Terrace LLC · disregarded
- Provident Group-Citrus Health and Rehabilitation Center LLC · disregarded
- Emmaus Senior Living Holdings LLC · disregarded
- Provident Group-Nsu Properties LLC · disregarded
Screen this organization
A dated, signed PDF of the compliance screen for Provident Resources Group 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.
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 Provident Resources Group Inc?
- Provident Resources Group Inc (Louisiana) receives grants from 5 organizations whose IRS filings report $6,720,345 to it, the largest being PROVIDENT AFFORDABLE HOUSING RESOURCES INC ($4,820,344). 3 of them have funded it in more than one year.
- How many funders does Provident Resources Group Inc have?
- IRS filings report 5 organizations giving $6,720,345 in grants to Provident Resources Group Inc, 3 of which have funded it in more than one year.
- Who is the largest funder of Provident Resources Group Inc?
- PROVIDENT AFFORDABLE HOUSING RESOURCES INC is the largest funder on record, with $4,820,344 in grants. The full list of funders is on this page.
- How can an organization like Provident Resources Group Inc find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Louisiana. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 5 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 14, 2026. What this page cannot tell you · view filing