Potters Clay Ministries Inc

Analysis

Potters Clay Ministries Inc is a registered charity in United States, based in Hot Springs, AR. It received its IRS tax-exemption ruling in June 1985, 41 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 December 2023, Potters Clay Ministries Inc reported income of $457k and spending of $351k, leaving 23% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $327k to $457k (+40%), an average of +8.8% a year. The sharpest change came in the year to December 2021, when income rose by 36%. Over the whole period it spent 91% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Potters Clay Ministries Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 70th percentile within AR. Charities of a similar size with the same main cause include Knoernschild Trust Ltd ($457k), Exceptional Equestrians of the Missouri Valley Inc ($457k) and Allied Womens Center of San Antonio ($457k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 31% of the total. Other salaries and wages came to $142k. At year end it held assets of $1.1m against liabilities of $3,137, net assets of $1.1m. It reported 9 employees.