The Potters Wheel Inc

Analysis

The Potters Wheel Inc is a registered charity in United States, based in Evansville, IN. It received its IRS tax-exemption ruling in June 2004, 22 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, The Potters Wheel Inc reported income of $828k and spending of $712k, spending 86% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $268k to $828k (+209%), an average of +33% a year. The sharpest change came in the year to December 2023, when income rose by 41%. Over the whole period it spent 96% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, The Potters Wheel 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 77th percentile, and in the 77th percentile within IN. Charities of a similar size with the same main cause include Islamic Society of Western Massachusetts ($828k), World Methodist Evangelism Inc ($828k) and Gospel Enterprises Inc ($828k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $68k (9.6% of expenses). Other salaries and wages came to $379k. At year end it held assets of $810k against liabilities of $208k, net assets of $601k. It reported 24 employees.