Potato Variety Management Institute Inc

Analysis

Potato Variety Management Institute Inc is a registered charity in United States, based in Eagle, ID. It received its IRS tax-exemption ruling in July 2007, 19 years ago. Its declared purposes cover social science, 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 September 2023, Potato Variety Management Institute Inc reported income of $1.5m and spending of $1.4m, spending 93% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $841k to $1.5m (+75%), an average of +15% a year. The sharpest change came in the year to September 2020, when income rose by 26%. Over the whole period it spent 94% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Potato Variety Management Institute Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 86th percentile within ID. Charities of a similar size with the same main cause include Hudson Opera House Inc ($1.5m), South Orange County Community Theatre ($1.5m) and Huntington Arts Council Inc ($1.5m).

On its Form 990 for the period ending September 2023, revenue came from program service revenue 99% of the total. Compensation of current officers, directors and key employees was $117k (8.5% of expenses). At year end it held assets of $1.3m against liabilities of $0, net assets of $1.3m. It reported 1 employees.