Gastonia Potters House Inc

Analysis

Gastonia Potters House Inc is a registered charity in United States, based in Lowell, NC. It received its IRS tax-exemption ruling in March 1999, 27 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2024, Gastonia Potters House Inc reported income of $124k and spending of $155k, spending 125% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income fell from $145k to $124k (-15%), an average of -3.9% a year. The sharpest change came in the year to June 2024, when income dropped by 44%. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Gastonia Potters House Inc sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 40th percentile within NC. Charities of a similar size with the same main cause include Hometown Heroes of Walton Inc ($124k), Rising Above the Storms ($124k) and Butterfly Foundation ($124k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $56k (36% of expenses). At year end it held assets of $321k against liabilities of $1,203, net assets of $320k. It reported 1 employees.