Potters Place

Analysis

Potters Place is a registered charity in United States, based in Sharon, MA. It received its IRS tax-exemption ruling in April 1996, 30 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 December 2023, Potters Place reported income of $118k and spending of $104k, spending 88% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $87k to $118k (+35%), an average of +36% a year. The sharpest change came in the year to December 2023, when income rose by 35%. Over the whole period it spent 100% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Potters Place sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 47th percentile within MA. Charities of a similar size with the same main cause include County of Santa Barbara Arts Fund ($118k), Fayette County Memorial Library Endowment Fund Inc ($118k) and Ulhaas-Bengali Association of Utah ($118k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 17% of the total. At year end it held assets of $37k against liabilities of $34k, net assets of $2,222.