Wesleyan Potters Incorporated

Analysis

Wesleyan Potters Incorporated is a registered charity in United States, based in Middletown, CT. It received its IRS tax-exemption ruling in June 1968, 58 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending May 2023, Wesleyan Potters Incorporated reported income of $586k and spending of $543k, spending 93% of its income. Across the 4 years on record, from May 2020 to May 2023, income grew from $234k to $586k (+151%), an average of +36% a year. The sharpest change came in the year to May 2022, when income rose by 179%. Over the whole period it spent 96% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Wesleyan Potters Incorporated sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 71st percentile within CT. Charities of a similar size with the same main cause include National Society of the Colonial Dames of America ($586k), Phoenix Allstars Inc ($587k) and Historic Fourth Ward School Foundation ($586k).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 13% and program service revenue 79% of the total. Other salaries and wages came to $195k. At year end it held assets of $1.6m against liabilities of $37k, net assets of $1.5m. It reported 30 employees.