Full Potential Project

Analysis

Full Potential Project is a registered charity in United States, based in Rostraver TWP, PA. It received its IRS tax-exemption ruling in February 2022, 4 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, Full Potential Project reported income of $310k and spending of $329k, spending 106% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $348k to $310k (-11%), an average of -11% a year. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Full Potential Project sits at the 57th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 60th percentile within PA. Charities of a similar size with the same main cause include Share for Life Foundation Inc ($310k), Orange County Walk to Remember Inc ($310k) and Still Waters Counseling Center Inc ($310k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 23% and program service revenue 77% of the total. Other salaries and wages came to $93k. At year end it held assets of $192k against liabilities of $16k, net assets of $176k. It reported 14 employees.