Maddie Potts Foundation

Analysis

Maddie Potts Foundation is a registered charity in United States, based in Richmond, RI. It received its IRS tax-exemption ruling in March 2019, 7 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Maddie Potts Foundation reported income of $104k and spending of $46k, leaving 56% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $209k to $104k (-50%), an average of -16% a year. The sharpest change came in the year to December 2022, when income rose by 103%. Over the whole period it spent 135% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Maddie Potts Foundation sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 33rd percentile within RI. Charities of a similar size with the same main cause include Back Creek Benefits Inc ($104k), Healthy Brighton Title Holding Corporation NFP ($104k) and Aaime ($104k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 44% of the total. At year end it held assets of $48k against liabilities of $323k, net assets of -$275k.