J Higdon Potter Educational Foundation Inc

Analysis

J Higdon Potter Educational Foundation Inc is a registered charity in United States, based in Sedalia, MO. It received its IRS tax-exemption ruling in April 1985, 41 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, J Higdon Potter Educational Foundation Inc reported income of $1.1m and spending of $1.3m, spending 111% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.0m to $1.1m (+12%), an average of +3.0% a year. The sharpest change came in the year to June 2020, when income rose by 129%. Over the whole period it spent 47% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, J Higdon Potter Educational Foundation Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 79th percentile within MO. Charities of a similar size with the same main cause include Gunn Memorial Library Inc ($1.1m), St Vincent de Paul Store of Houma ($1.1m) and Women in Film & Video Inc ($1.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 57% of the total. At year end it held assets of $29.0m against liabilities of $5.8m, net assets of $23.2m.