Potters House Community Development

Analysis

Potters House Community Development is a registered charity in United States, based in Jacksonville, FL. It received its IRS tax-exemption ruling in April 2012, 14 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 December 2023, Potters House Community Development reported income of $10.5m and spending of $10.3m, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $7.3m to $10.5m (+43%), an average of +9.4% a year. The sharpest change came in the year to December 2021, when income rose by 29%. Over the whole period it spent 102% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Potters House Community Development sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 96th percentile within FL. Charities of a similar size with the same main cause include Texas One Fund Inc ($10.5m), The Knowledge House Fellowship Inc ($10.5m) and Materials Research Society ($10.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 23% and program service revenue 77% of the total. Other salaries and wages came to $4.0m. At year end it held assets of $731k against liabilities of $688k, net assets of $43k. It reported 254 employees.