Potters Wheel Inc

Analysis

Potters Wheel Inc is a registered charity in United States, based in Fisherville, KY. It received its IRS tax-exemption ruling in June 2006, 20 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 Wheel Inc reported income of $314k and spending of $217k, leaving 31% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $203k to $314k (+54%), an average of +12% a year. The sharpest change came in the year to December 2020, when income rose by 25%. Over the whole period it spent 76% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Potters Wheel Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 63rd percentile within KY. Charities of a similar size with the same main cause include Jewish Soul Inc ($314k), Pine Valley Camp Christmas ($314k) and Gurdjieff Foundation of California ($314k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 85% and program service revenue 15% of the total. Compensation of current officers, directors and key employees was $94k (43% of expenses). At year end it held assets of $1.1m against liabilities of $399k, net assets of $707k. It reported 1 employees.