Potters School Inc

Analysis

Potters School Inc is a registered charity in United States, based in Needham Heights, MA. It received its IRS tax-exemption ruling in August 1990, 36 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending July 2023, Potters School Inc reported income of $113k and spending of $79k, leaving 30% of income unspent that year. Across the 5 years on record, from July 2019 to July 2023, income grew from $111k to $113k (+1.9%), an average of +0.5% a year. The sharpest change came in the year to July 2022, when income rose by 65%. Over the whole period it spent 93% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Potters School Inc sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 46th percentile within MA. Charities of a similar size with the same main cause include Middle Tennessee Lions Sight Service Inc ($113k), Mason District Hospital Foundation ($113k) and Arise Foundation ($113k).

On its Form 990 for the period ending July 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $6,000 (7.6% of expenses). Other salaries and wages came to $2,400. At year end it held assets of $50k against liabilities of $18k, net assets of $32k. It reported 2 employees.