Potter Childrens Home and Family Ministries Inc

Analysis

Potter Childrens Home and Family Ministries Inc is a registered charity in United States, based in Bowling Green, KY. It received its IRS tax-exemption ruling in January 1952, 74 years ago. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Potter Childrens Home and Family Ministries Inc reported income of $3.4m and spending of $5.0m, spending 147% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.3m to $3.4m (+1.2%), an average of +0.3% a year. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Potter Childrens Home and Family Ministries 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 90th percentile, and in the 90th percentile within KY. Charities of a similar size with the same main cause include Charles W Cammack Childrens Center Inc ($3.4m), Samaritan Daytop Foundation ($3.4m) and Michigan Disability Rights Coalition ($3.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 89% and program service revenue 0.3% of the total. Compensation of current officers, directors and key employees was $129k (2.6% of expenses). Other salaries and wages came to $543k. At year end it held assets of $1.4m against liabilities of $21k, net assets of $1.4m. It reported 20 employees.