Unlimited Potential Community Development Corporation

Analysis

Unlimited Potential Community Development Corporation is a registered charity in United States, based in Gallatin, TN. It received its IRS tax-exemption ruling in August 2003, 23 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 April 2024, Unlimited Potential Community Development Corporation reported income of $182k and spending of $297k, spending 163% of what it took in. Across the 2 years on record, from April 2023 to April 2024, income fell from $465k to $182k (-61%), an average of -61% a year. The sharpest change came in the year to April 2024, when income dropped by 61%. Over the whole period it spent 82% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Unlimited Potential Community Development Corporation sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 52nd percentile within TN. Charities of a similar size with the same main cause include Blueprints of Hope ($182k), Society of St Vincent de Paul District Council of Waterloo Iowa ($182k) and Infants in Need Inc ($182k).

On its Form 990 for the period ending April 2024, revenue came from contributions and grants 67% and program service revenue 33% of the total. Other salaries and wages came to $124k. At year end it held assets of $150k against liabilities of $0, net assets of $150k. It reported 3 employees.