Just Understand My Potential Inc

Analysis

Just Understand My Potential Inc is a registered charity in United States, based in Harvard, MA. It received its IRS tax-exemption ruling in May 2007, 19 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Just Understand My Potential Inc reported income of $120k and spending of $128k, spending 107% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $46k to $120k (+163%), an average of +163% a year. The sharpest change came in the year to December 2023, when income rose by 163%. Over the whole period it spent 114% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Just Understand My Potential Inc sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 48th percentile within MA. Charities of a similar size with the same main cause include Wise County Youth Fair Inc ($120k), Seguin Outdoor Learning Center ($120k) and Arman N Roy Foundation ($120k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $24k against liabilities of $0, net assets of $24k.