Foundation for the Realization of Human Potential NFP

Analysis

Foundation for the Realization of Human Potential NFP is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in July 2008, 18 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Foundation for the Realization of Human Potential NFP reported income of $2.3m and spending of $5.3m, spending 235% of what it took in. Across the 4 years on record, from December 2019 to December 2023, income fell from $5.4m to $2.3m (-58%), an average of -25% a year. The sharpest change came in the year to December 2023, when income dropped by 62%. Over the whole period it spent 114% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Foundation for the Realization of Human Potential NFP sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 87th percentile within IL. Charities of a similar size with the same main cause include Chess Christian School ($2.3m), Inforum ($2.3m) and East Bay Waldorf School Association Inc ($2.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 66% and program service revenue 61% of the total. Compensation of current officers, directors and key employees was $15k (0.3% of expenses). Other salaries and wages came to $1.3m. At year end it held assets of $4.8m against liabilities of $2.1m, net assets of $2.8m. It reported 27 employees.