Unleashing Potential

Analysis

Unleashing Potential is a registered charity in United States, based in Saint Louis, MO. It received its IRS tax-exemption ruling in January 1941, 85 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 December 2023, Unleashing Potential reported income of $4.4m and spending of $4.7m, spending 108% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.6m to $4.4m (+22%), an average of +5.1% a year. The sharpest change came in the year to December 2023, when income rose by 29%. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Unleashing Potential sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 90th percentile within MO. Charities of a similar size with the same main cause include Gibault Care Inc ($4.4m), Memorial Elder Health Services ($4.4m) and Youth Exploring Adventure Inc ($4.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 89% and program service revenue 12% of the total. Compensation of current officers, directors and key employees was $200k (4.2% of expenses). Other salaries and wages came to $2.6m. At year end it held assets of $2.4m against liabilities of $574k, net assets of $1.8m. It reported 132 employees.