The Pottstown Cluster of Religious Communities

Analysis

The Pottstown Cluster of Religious Communities is a registered charity in United States, based in Pottstown, PA. It received its IRS tax-exemption ruling in August 1989, 37 years ago. 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, The Pottstown Cluster of Religious Communities reported income of $8.3m and spending of $8.6m, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.9m to $8.3m (+191%), an average of +31% a year. The sharpest change came in the year to December 2021, when income rose by 156%. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Pottstown Cluster of Religious Communities sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 93rd percentile within PA. Charities of a similar size with the same main cause include Head Start of Yamhill County Inc ($8.3m), Young Mens Christian Assoc North Penn ($8.3m) and Julie Billiart Network ($8.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 91% and program service revenue 9.1% of the total. Compensation of current officers, directors and key employees was $120k (1.4% of expenses). Other salaries and wages came to $958k. At year end it held assets of $1.9m against liabilities of $240k, net assets of $1.6m. It reported 31 employees.