Potters House Ministries Inc
Analysis
Potters House Ministries Inc is a registered charity in United States, based in Portsmouth, OH. It received its IRS tax-exemption ruling in June 2004, 22 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 December 2023, Potters House Ministries Inc reported income of $434k and spending of $424k, spending 98% of its income. Across the 6 years on record, from December 2018 to December 2023, income grew from $223k to $434k (+94%), an average of +14% a year. The sharpest change came in the year to December 2021, when income rose by 90%. Over the whole period it spent 99% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, Potters House Ministries Inc sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 68th percentile within OH. Charities of a similar size with the same main cause include Washington Institute for Financial Security ($434k), George Community Daycare Inc ($434k) and Ray of Light Farm Inc ($434k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% of the total. Compensation of current officers, directors and key employees was $49k (12% of expenses). Other salaries and wages came to $22k. At year end it held assets of $35k against liabilities of $0, net assets of $35k. It reported 3 employees.
Income and spending
Where the income comes from
- Contributions & grants 96%
- Other 4.3%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Washington Institute for Financial Security | Louisville | $434k |
| George Community Daycare Inc | George | $434k |
| Ray of Light Farm Inc | East Haddam | $434k |
| Raise Texas | Austin | $434k |