Newport News Potters House

Analysis

Newport News Potters House is a registered charity in United States, based in Newport News, VA. It received its IRS tax-exemption ruling in May 2016, 10 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Newport News Potters House reported income of $534k and spending of $443k, spending 83% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $327k to $534k (+63%), an average of +13% a year. The sharpest change came in the year to December 2021, when income rose by 62%. Over the whole period it spent 81% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Newport News Potters House sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 71st percentile within VA. Charities of a similar size with the same main cause include Bird of Pray Foundation ($533k), Sri Gaur Nitai Society ($534k) and Rugged Cross Ranch Ministries ($533k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $59k (13% of expenses). Other salaries and wages came to $58k. At year end it held assets of $1.0m against liabilities of $547k, net assets of $470k. It reported 2 employees.