Potato Leadership Education and Advancement Foundation

Analysis

Potato Leadership Education and Advancement Foundation is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in May 2020, 6 years ago. Its declared purposes cover food, agriculture and nutrition, 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 June 2023, Potato Leadership Education and Advancement Foundation reported income of $169k and spending of $149k, spending 88% of its income. Across the 4 years on record, from June 2020 to June 2023, income fell from $1.6m to $169k (-90%), an average of -53% a year. The sharpest change came in the year to June 2022, when income dropped by 65%. Over the whole period it spent 13% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Potato Leadership Education and Advancement Foundation sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 27th percentile within DC. Charities of a similar size with the same main cause include Health Tanzania Foundation ($169k), Gravis USA ($169k) and Amandla Development Inc ($169k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 36% and program service revenue 36% of the total. At year end it held assets of $2.2m against liabilities of $19k, net assets of $2.2m.